8631 Spyglass LOOP
About This Property
An open floorplan that flows between the formal living and dining rooms, creating an inviting space for entertaining and relaxation. The interior boasts beautiful features such as cathedral ceilings and elegant tile flooring, adding a touch of grandeur to the home's ambiance.
The kitchen has been tastefully updated, adorned with stunning granite countertops complemented by a stylish tile backsplash, white cabinetry with crown molding, and top-of-the-line stainless steel appliances, this culinary haven is as functional as it is visually appealing.
The kitchen overlooks a spacious family room, complete with a cozy fireplace and sliding doors that lead to the inviting lanai. Embrace the beauty of the outdoors as you relax or entertain on the screened lanai, which offers panoramic views of the golf course and beyond.
As you enter the master suite, you will be greeted by a double door entryway, tray ceilings adorned with crown molding, and sliding doors that open to the lanai. The accompanying master bathroom is a sanctuary in itself, featuring a spacious freestanding tub, dual vanities with granite counters, a curbless walk-in shower, with bench, and a generously sized walk-in closet.
This oversized garage touts a golf cart entrance at the back of the property, allowing for easy access from the golf course.
Come see this beautiful home today!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017