9323 Savannah Estates Drive
About This Property
You are going to fall in love with this stunning 5 bedroom home boasting almost 4,300 total square ft in the sought after community of Savannah Estates!
The home is in immaculate condition and ready for you to move in. The exterior was professionally landscaped, has a fully fenced in yard with room for your dream pool, a L-Shaped screened in patio with extended pavers, accordion shutters on all the windows, and more! Please see supplement link for a full description of this property... The sellers spared no expense when designing the interior of this home as it offers 18'' tile throughout the main level, was just freshly painted throughout, has an extended family room, spacious dining room with plantation shutters, custom wood accent walls in the entry and main floor living room, updated kitchen with granite countertops, stainless steel appliances, and cabinets to the ceiling. The downstairs offers an in-law suite with a full updated bathroom, volume ceilings, a family room, living room, and so much more. The upstairs has a generously appointed master bedroom with two walk in closets, and three more bedrooms plus an additional full bath. The master bathroom has been updated and offers separate vanities, and a frameless shower. The house offers to many more features and is a must see! This home will not last in this market.
Savannah Estates is a gated community with a community pool, playground and fields. The location offers fantastic schools and is close to shopping and dining!
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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 Savannah Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017