9323 Glenforest Drive
About This Property
From the moment you arrive, you'll appreciate the meticulously landscaped grounds, stone-accented exterior, and inviting front entry courtyard that welcome you into a light-filled foyer and spacious open floor plan designed to showcase the stunning lake backdrop.
The home features numerous upgrades, including impact-resistant windows and doors, a recently painted exterior, new LG appliances, and a whole-home pure water system. The primary suite has been enhanced with custom closet systems and added wood flooring in both the bedroom and closet, while upgraded porcelain tile flows through the main living areas. A 13,000-watt generator pre-wire adds peace of mind.
The chef's kitchen is both stylish and functional, offering a large center island, walk-in pantry, crown-molded cabinetry, granite countertops, and a glass tile backsplash, complemented by new interior lighting in the kitchen and dining area. The living space is anchored by a custom built-in fireplace with designer glass doors and sconces, creating a warm yet sophisticated focal point.
Step outside to the spacious lanai, where tranquil long lake views provide the perfect setting for relaxation or entertaining. Plantation shutters in the bedrooms add timeless charm and privacy.
Bent Creek Preserve offers exceptional resort-style amenities, including a clubhouse with pool and spa, fitness center, billiards room, and bocce courts, with new tennis courts and pickleball coming soon. Residents also enjoy direct community access to Founders Square, featuring popular shopping and dining just steps away.
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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%.
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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.
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 Rural Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017