This Contemporary Colonial style home is an addition to the Global
Luxury Collection of Coldwell Banker Realty & your Key In Moving's
Portfolio of Properties. This Windsor II model is part of the
Estate Collection of Stonebridge in Monroe; a coveted Lennar adult
community in Middlesex County. One of the largest models offering
3,130 sq ft of elevated elegance ..... just look at the photos!
Enter into its dramatic, open concept floor plan where you will
find ease of living on the FIRST floor. Let's stroll through the
home starting with the formal living room, Great room with a
spectacular vaulted ceiling, formal dining room, Chef's kitchen
with S/S appliances, breakfast peninsula & pantry, & E-I-K that
opens to a paver patio with retractable screens for privacy. A
direct access, heated garage lends itself to the laundry room, 2
more pantries & utility closet. The Primary bedroom has a
decorative tiered, tray ceiling & is equipped with a California
closet, 10' ceilings, and an ensuite that has double sinks, a
double-door shower with 2 built-in benches & a linen closet. The
2nd bedroom is located on the other side of the house with its own
full, bathroom. Ascend to the 2nd level where you will find a
spacious Loft, large 3rd bedroom ensuite and room for a possible
4th sleeping area, office, or exercise room. There is a huge
step-in storage area and a glamorous view from the loft into the
Great room below. The property is equipped with a radon mitigation
system and a whole house Generac generator. A 41,000 SF clubhouse
offers an outdoor & indoor pool with hot tub, tennis, pickle ball,
strolling paths, 24 hour nurse, and guarded gate entry just to name
a FEW of the abundant amenities! Come experience the Stonebridge
community, where you are not just buying a home, you are embracing
a lifestyle! Join my multilingual team for upcoming public tours!
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.
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