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8293 CYPRESS TRACE BOULEVARD
About This Property
From the moment you arrive, you'll be captivated by the home's striking curb appeal, featuring a paver driveway, lush landscaping, and elegant architectural details. Inside, the thoughtfully designed floor plan showcases a spacious living room highlighted by gorgeous wood beam accents, and soaring ceilings creating warmth and character, along with triple sliding glass doors that open seamlessly to the lanai-perfect for true indoor-outdoor living. The dining room is spacious along with the eating space in the kitchen for quick meals or morning coffee. The indoor laundry is quite large with added storage space and a sink for convenience.
The chef-inspired kitchen is the heart of the home complete with a built in oven and microwave and tons of cabinet space plus a large walk in pantry, the layout flows effortlessly into the outdoor space, where you'll find a private backyard oasis complete with a sparkling pool, retractable shades for added comfort, and an expansive patio ideal for entertaining or relaxing.
The primary suite is a true retreat, featuring a luxurious spa-like bathroom designed for relaxation, while the guest bathroom offers the added convenience of a double vanity and a tiled shower. Additional highlights include Enphase solar panels on the roof, helping to reduce energy costs and enhance efficiency. Pro-Aqua whole house filtration system, added storage in the garage and security system.
Located in a desirable gated community with generous lot sizes and scenic surroundings, this home offers a rare opportunity to enjoy peaceful living while remaining conveniently close to everything.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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About Estates at Cypress Trace
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017