118 Crestwood Drive
About This Property
Inside, you'll find four fireplaces located in the main downstairs rooms, creating a central focal point of warmth and character. The home is heated by a modern HVAC system with two heat pumps, along with an outdoor wood-burning furnace. Please note, the radiators are not functional as the previous owners removed the piping when installing the HVAC system.
Enjoy the charm of two porches, perfect for relaxing and taking in the scenic rolling/hilly landscape of Honaker. A unique feature of the home is the side entrance door, which still has its original skeleton key.
Whether you're searching for a forever home or a unique opportunity, this property offers historic character, ample space, and the potential to create something truly special.
Schedule your showing today! Buyer to verify all information.
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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