11263 WAPLES MILL RD
About This Property
The current owners expanded this lovely residence to enlarge the primary bedroom and add a bedroom suite/family room on the first floor.
The main level offers a gracious entry, open living and dining areas, an eat-in kitchen, a full bathroom, and a spacious family room/main level bedroom.
Upstairs, you'll find a fabulous primary suite, along with a second bedroom and bathroom.
The lower level includes a versatile fourth bedroom/den, a full bathroom, a rec room, a laundry area, and a workshop.
The property boasts beautiful front, side, and back yards, all set on over an acre of land.
Highlights/updates as follows:
1. New hardwood floor in living area on main floor in 2020.
2. New hot water heater 50 gallons in 2020.
3. New washer and dryer 2023.
4. Brand new UV filtration on house water supply, and 3 stage water filter. (we are on well water).
5. New garbage disposal in 2022.
6. Purified water tap in kitchen sink (brand new).
7. Addition in 2017 included expansion of master bedroom, closet, 2 sink bathroom (master), additional bedroom on main floor, and full bathroom in basement. The addition on the main floor and upstairs has hardwood flooring.
8. New central A/C and furnace in 2017.
9. New submersible well pump in 2020.
10. Close proximity to route 66 and parallel trail, US, and US 29.
11. Healthy white oak tree in backyard, nice shade on the back deck.
12. Long driveway with parking area to fit over 4 cars.
12. Improved air duct work in the spare bedroom upstairs in 2022.
A must see!
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017