10013 WOODLAND DR
About This Property
The main level boasts a sunlit living room with a striking stone fireplace, a unique curved wall, and a large picture window for wonderful natural light. Adjacent is the dining room with a unique wall of windows, featuring an exit to the patio that overlooks the expansive, private, fenced, and level backyard. The updated kitchen has 42" cabinets, new granite counters, and stainless steel appliances, with a convenient exit to the patio for al fresco dining. The Primary Bedroom features 2 closets for excellent storage.
The spacious lower level presents a spacious family room enhanced with recessed lighting and plush carpeting, along with a new second full bath featuring porcelain tile flooring. Additionally, the lower level encompasses a large laundry/utility/workout room with new LVP flooring, an outside entrance, and a separate storage room. The entire interior has been freshly painted in a neutral color, complemented by the stunning refinished hardwood floors. A new roof was installed in 2022. Please see the virtual tour with interactive floorplan.
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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 Forest Glen
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017