11231 MURRAYSVILLE DRIVE
About This Property
Nestled on a beautifully landscaped ½ acre lot in the heart of Spring Hill, this delightful 3-bedroom, 2-bathroom home offers an inviting open split floor plan, perfect for comfortable living and entertaining. The property is surrounded by lush, meticulously maintained gardens that create a peaceful and picturesque setting. Mature trees provide shade and privacy, carefully selected shrubs add bursts of color and texture throughout the year.
The landscaping is not only visually stunning but also thoughtfully designed for low maintenance, allowing you to enjoy the beauty of the outdoors without the hassle. Whether you're relaxing on the patio, hosting a summer barbecue, or simply taking a stroll through your own private oasis, the grounds offer a serene retreat from the hustle and bustle of daily life.
In addition to the natural beauty, the property boasts an additional detached 6-car garage, making it an ideal haven for car enthusiasts, investors, or homeowners in need of extra space. The expansive garage offers endless possibilities, whether you're looking to store a car collection, create a workshop, or convert it into additional living space. Don't miss this unique opportunity to own a versatile and well-maintained property in a serene neighborhood.
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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