11118 COUNTRY RD
About This Property
Boasting 3 generously sized bedrooms and 3.5 baths, with a potential 4th bedroom, this home offers ample space for comfortable living. The versatile downstairs area presents an exciting opportunity to create an in-law suite or a lucrative rental unit with a full kitchen and bath.
Step outside to your private oasis featuring mature landscaping, a spacious Trex composite deck, and a large stamped concrete patio-ideal for entertaining guests or simply relaxing in the fresh air.
Inside, you'll find hardwood and tile floors throughout the entire home, enhancing its ease of maintenance. The large eat-in kitchen, updated with stainless steel appliances in 2020, for culinary enthusiasts. On cold evenings, cozy up by the brick, wood-burning fireplace in the vaulted ceiling family room.
Practical updates include all windows being replaced in Fall 2014, air handler and heat pump replaced in December 2019, a CSI water treatment system installed in September 2020, and a NEW septic tank and drain fields replaced in August 2024.
The property also features a garden ready for your green thumb and is located on a cul-de-sac, ensuring safety and minimal traffic.
Don't miss the chance to make this captivating property your own. Contact us today to schedule a viewing.
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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