999 SE Buttonwood Circle
About This Property
Some of the interior upgrades include a custom mahagony solid impact wood front door, impact windows and sliders, 48'' hardwood cabinetry, honed granite countertops, microwave drawer, built in pantry, wet bar with ice marker, 8 camera security system, his and her built in custom closets, crown molding throughout living area and master bedroom, 2 tank less hot water heaters, 2 A/C units, 500 gallon propane tank and icynene sprayed R-30 insulation in the attic. Beautiful home with every upgrade imaginable! This home is move in ready with many features including impact windows and sliders, vaulted ceilings, crown molding, birch forest gray rectified porcelain tile, wet bar, separate ice maker, custom kitchen cabinetry, microwave drawer, gas stove and gas oven, hood, honed granite in kitchen, walk in pantry with custom built ins, soft closed drawers throughout house, 8 camera security system, alarm system, wireless speakers throughout main living area, master bedroom and outdoor patio, front loading washer and gas dryer, 2 tankless hot water heaters, 2 separate high-efficiency 16 seer ac units, 500 gallon propane tank, brand new drain field on the side of the house, icynene R-30 sprayed insulation in the attic, R-19 insulation behind all interior walls, water softener, sprinkler system and gutters. Master bedroom has custom vaulted ceilings and crown molding throughout with spectacular views of pool, preserve and lake. The master bathroom includes a rain shower, soaker tub, his and her separate vanities and granite countertops. Separate his and her master closets with custom built ins. The 4th bedroom which could be used as a den has a walk in closet. Brand new stain proof/water proof carpet in the 2nd and 3rd bedroom. The second bathroom has a tub/shower combo with double sinks and custom mosaic countertops.
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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 Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017