114 MOUNT VERNON DR
About This Property
As you enter the front door, you'll be greeted by a welcoming foyer, setting the tone for the rest of the home. The kitchen, laundry room, and dining room feature brand new Luxury Vinyl Plank (LVP) flooring, which adds a touch of modern elegance. The open floor plan allows for seamless flow between the rooms, making it easy to entertain guests.
The dining area leads to a large deck that overlooks a spacious fenced-in yard, creating a perfect setting for outdoor activities such as BBQs and entertaining guests. The deck provides an excellent vantage point to enjoy the surrounding scenery while also offering a comfortable space to relax and socialize.
The fenced-in yard ensures privacy and security, making it a great place for children and pets to play safely. Additionally, the presence of two sheds offers convenient storage space for tools, equipment, or any other items you may need for outdoor maintenance or hobbies.
Overall, this setup provides a seamless transition from the dining area to the deck and yard, allowing you to enjoy the outdoors and make the most of your home's outdoor living space.
The roof of this home is only 10 years old, providing peace of mind and ensuring years of durability. Additionally, the property boasts a two-car garage, offering ample space for parking and storage. The ranch style of the house provides convenience and accessibility, making it an ideal choice for those seeking single-story living.
Don't miss the opportunity to make this delightful home yours. Schedule your showing and experience the comfort and convenience this home has to offer.
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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