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8986 Redonda Drive
About This Property
The thoughtfully designed floor plan offers 4 bedrooms or 3 bedrooms plus office, 3½ baths and a three-car air-conditioned garage. Quality construction features include impact windows and doors, radiant-barrier roof insulation, masonry core foam-fill insulation, whole-home ceiling fans, wood-look tile flooring, upgraded cabinetry with soft-close features, quartz countertops, custom lighting and numerous designer finishes throughout.
The impressive designer kitchen features an oversized island with integrated wine and beverage coolers, upgraded gas cooktop and appliances, custom cabinetry, designer pendant lighting, under-cabinet LED lighting and a walk-in pantry. The spacious great room is designed for entertaining, featuring custom cabinetry, beverage center and an impressive indoor/outdoor flow.
The luxurious primary suite offers a spa-inspired bath with floor-to-ceiling tiled shower, frameless glass enclosure, upgraded cabinetry, quartz countertops and custom designer finishes. Two additional spacious guest suites feature walk-in closets and en-suite baths.
Step outside to your private resort-style pool and spa, complete with custom heated saltwater pool and spa, integrated water features, waterfalls, LED color-changing pool lighting, upgraded paver decking, custom screen enclosure and outdoor entertaining areas. The oversized three-car garage is air-conditioned and includes epoxy flooring and extensive storage.
Additional features include integrated Sonos audio, energy-efficient construction and a gas line for a future outdoor kitchen and/or generator. Meticulously maintained and just five years old, this exceptional residence offers the opportunity to enjoy the Toll Brothers lifestyle without waiting to build. Offered turnkey and ready to enjoy!
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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%.
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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.
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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 Royal Fakapalm
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017