1045 DOYLE ROAD
About This Property
The fully finished lower level is ideal for multi-generational living, with a second full kitchen, brick fireplace, and private entry-functioning perfectly as an in-law suite. Both kitchens have been recently updated, offering modern convenience throughout.
Upstairs, enjoy cozy evenings with a wood stove in the second bedroom, and central air conditioning and oil heat keep the home comfortable year-round. Additional features include a wheelchair-accessible ramp, a large deck overlooking the scenic lot, and an above-ground pool perfect for entertaining.
A detached 3-car garage with its own furnace offers the perfect year-round workshop. Key updates include (2) 50-gallon water heaters (2015/2016), oil tanks (2017/2018), a new roof (2017), and an oil furnace (2010). While the home offers incredible space and utility, it invites your personal touch with cosmetic updates-a rare opportunity to own a truly versatile home on an impeccable lot.
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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