87 Lake Mcleod DRIVE
About This Property
McLeod community - where boating activities are welcome! With incredible lake views from your extended
front porch, sit outside after dinner to enjoy the magnificent sunsets! Walking through the front door brings
you into the welcoming living room and dining room with views of the soaring great room and kitchen/eating
area. The kitchen features pull-out shelving, cabinets galore, a separate delightful eating area with access to
the backyard, 2 sinks - one in the island and the other facing the great room so there is always room for
additional assistance in the kitchen! Having 2 pantries is a huge plus - enjoy stocking up on staples and sale
items! The split floor plan provides for 3 bedrooms and the laundry room on one side complete with a full
bathroom having a dual sink; the opposite side spotlights the owners' suite. It includes 2 walk-in closets and a
spa tub and separate shower. Don't forget the additional features of this home - a front and rear irrigation
system, A/C system with UV light for air purification, water conditioning unit,a lightning protection system for the entire home, incredible back porch, amazing fenced back yard for get-togethers, cookouts and fun, and more. Bring your boat, jet ski, bicycles and live the
life. All you need to do is unpack and enjoy!
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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 Lake McLeod Pointe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017