104 JOSEPH DR
About This Property
sub-Zero refrigerator. The family spacious and bright family room offers unique, custom ceiling trim, walls of windows and a gas fireplace. Butler's pantry with wine refrigerator is off the family room. The first level also offers a spacious home office and a beautiful solarium. The formal dining room is perfect for hosting holiday dinners. The owners suite is truly spectacular! Spacious, with soft neutral colors and a well proportioned sitting room. The current owners have completely re-done the bathroom to include an enormous walk-in shower, dual sinks and a soaking tub. 2 of the additional upper level bedrooms feature bonus rooms which offer an ideal place for taking care of homework assignments. Step outside from the doors in the breakfast area onto the extensive hardscaped yard that features a sparkling pool and spa perfect for relaxing on a hot summer day or enjoying a swim with friends and family. For summer cook-outs enjoy the built-in grill and additional sub-zero refrigerator. The lower level is a walk-up and does include a full bath which is great for use when at the pool. The 1 acre lot is one of the best lots in Chapmans Corner, with long range views from the back and on a cup-de-sac. The is truly a must-see property, special in every way!!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017