108 CHEYENNE TRAIL
About This Property
Welcome to 108 Cheyenne Trail - a delightful 2-bedroom, 1-bath rancher brimming with potential and updates! This home includes an additional corner lot (Tax ID 49A03 1 G 15), giving you plenty of space to play, garden, or expand. Inside, enjoy fresh paint, new LVP flooring, and a newer heat pump (2021), plus updated windows, dishwasher, and washer for modern convenience.
Step outside to entertain or unwind with a stone patio featuring a built-in pizza oven, a deck overlooking the above-ground pool, and a new privacy fence for added seclusion. Additional upgrades include leaf guards and a freshly serviced chimney. A 1-car garage rounds out this charming package.
Nestled in a vibrant community with Cherokee Lake access, playground, stunning mountain views, and the nearby Historic Clowser House, this home perfectly blends comfort, charm, and lifestyle. Ready for your personal touches or expansion - make it yours today!
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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