1012 MEARNS ROAD
About This Property
Step inside to a bright and airy living room filled with natural light, featuring updated flooring, recessed lighting, and a warm, welcoming layout. The fully updated kitchen is a standout, boasting crisp white cabinetry, stainless steel appliances, stylish backsplash, and ample counter space, perfect for both cooking and entertaining
Upstairs, you'll find three spacious bedrooms, each thoughtfully updated with modern finishes, ceiling fans, and great closet space. The full bathroom has been tastefully renovated, while the additional half bath downstairs adds everyday convenience.
Step outside to enjoy a large, fully fenced backyard, ideal for entertaining, pets, or play, complete with a covered patio area that creates the perfect outdoor living space. A storage shed and extended driveway provide even more functionality
With updated finishes throughout, a clean and cohesive design, and true move in ready condition, this home is a fantastic opportunity in a convenient Bucks County location close to shopping, dining, and major routes.
Don't miss your chance to make this one yours!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017