118 Creekview Path
About This Property
Set on a generous .92-acre corner lot, the home makes a wonderful first impression with its classic front porch and welcoming curb appeal. Inside, a dramatic two-story entry sets the tone for a bright, comfortable floor plan designed for everyday living and easy entertaining.
The heart of the home is the open kitchen and family room, where the kitchen features a center island and flows naturally into the family room with a cozy gas fireplace. From here, enjoy direct access to the patio, creating a seamless indoor-outdoor connection for gatherings, grilling, or relaxing at the end of the day. Just off the kitchen, an office and sitting room provide flexible space for work, reading, play, or quiet conversation.
Convenience is built in with first-floor laundry, while all four bedrooms are privately located upstairs. The freshly painted interior gives the home a clean, move-in-ready feel throughout. The finished lower level adds valuable bonus space for recreation, hobbies, exercise, or media.
A standout feature is the 37-panel (9.62 kW) solar energy system, installed in June 2015 at an original cost of approximately $35,000 before rebates. The system is paid off, and the current homeowner has already recouped the initial investment, offering the next owner the benefit of an established solar setup without assuming a lease or payment.
Additional highlights include a two-car garage, storage shed, spacious yard, and prime corner-lot setting in an established neighborhood. A wonderful opportunity to enjoy space, comfort, energy-conscious features, and a well-designed layout in a sought-after Kirkville location.
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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