10717 MT SHARON ROAD
About This Property
Enjoy the best of both worlds in this adorable 3BR/2BA home-peaceful living that feels tucked away yet with a quick commute to multiple work locations. This single-level open floor plan home offers a large welcoming foyer, a living room with a gas fireplace, dining area, and access to the back deck overlooking a fenced-in yard. The owner's suite features two walk-in closets, a soaking tub, and a separate shower, while two additional bedrooms and a full bath are situated on the opposite side of the home. The eat-in kitchen offers ample counter space, a pantry, and convenient access to the laundry area.
Laminate flooring was installed throughout in 2022, and fresh paint makes the home move-in ready. A two-car garage, long driveway with space for an RV or trailer, and an encapsulated climate-controlled crawl space provide additional flexibility. Major updates include a newer roof 2021, HVAC in 2018, water heater in 2019, refrigerator in 2020, and fenced in yard 2022.
Set on a cleared, level lot of just over an acre with a large front and back yard. Perfect for enjoying the outdoors. With a deep private well and no HOA, this home is the perfect blend of comfort and convenience. **Some photos have been virtually staged; however, home still shows beautifully in-person**
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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