9112 SPINDLETREE Way
About This Property
The soaring trey ceilings, wainscoating, trim and paint selections only adds to the charm. The kitchen boasts stunning granite counters, a bar with seating, updated island, beautiful cabinetry, large kitchen nook and new tile. Kitchen features updated wood shelving in the pantry, soft close cabinets and pullout trash can cabinet. The kitchen opens to the den which is anchored by a wood burning fireplace. The fireplace has been updated with stone & tile. Another upgrade, California Closet in the Master Bedroom.
The roof was installed in December 2017. One of the larger lots in this highly sought after community. Full list of upgrades in documents, as well as Survey. This home is currently bonded with Massey Services. Updated and installed pavers in backyard and lanai, landscaping pavers in front & back.The front yard is lush with manicured lawns and beautiful landscaping. Convenient location, close to local restaurants, library, The Avenues Mall, The St. John's Town Center, I-295, JTB, 95 and Southside Blvd.
Timberlin Parc Community offers a Club Pool, Basketball Court, Playground and Club Facilities. INCREDIBLY LOW HOA FEES with EXCELLENT AMENITIES!!!!
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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