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111 Jasmine Drive
About This Property
This meticulously maintained two-bedroom, two-bath ranch offers the ease of one-level living with a bright, open floor plan designed for everyday comfort. The inviting living room features a cozy gas fireplace and flows seamlessly into the dining area and kitchen, creating a warm and welcoming gathering space.
Designed with both functionality and style in mind, the kitchen features maple cabinetry, a generous center island, Corian countertops, under-cabinet lighting, a pantry, and a full suite of KitchenAid stainless steel appliances that are less than one year old.
The spacious primary suite includes a large bedroom, private full bath, and generous closet space. The second bedroom and additional full bathroom complete the thoughtfully designed floor plan. Just off the main living area, French doors open to a versatile den, perfect for a home office, sitting room, or guest room.
A dedicated laundry room provides access to the attached two-car garage with a brand new garage door opener. The walk-up attic bonus area offers exceptional storage, with excellent potential to be finished into additional living space.
Freshly painted throughout, this home also features central air conditioning, municipal water and sewer, a whole-house water filtration system, water softener, upgraded Moen bathroom accessories, Honeywell furnace air filtration system, and a quiet rear patio that offers the perfect place to relax and enjoy the outdoors.
Beautifully maintained and thoughtfully updated, this home offers the perfect blend of comfort, convenience, and the exceptional lifestyle that has made Wildflower at Wallkill one of the area's most sought-after active adult communities.
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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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About Mechanicstown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017