12 Hillside Drive
About This Property
A bright, open-concept layout anchors the home, featuring hardwood floors and a beautifully updated kitchen with granite countertops, double ovens, and full stainless steel appliance package-designed for both everyday living and entertaining.
The primary suite offers a private retreat with a renovated tiled bath, Jacuzzi tub, double vanities, walk-in closet, and its own balcony overlooking the property. Two additional generously sized bedrooms provide excellent space and storage.
The lower level is where this home truly expands-featuring a massive walk-out family room, private office/den, half bath, and a large laundry room. Step outside to over 1,000 sq ft of tiered decking, creating a seamless indoor-outdoor lifestyle ideal for entertaining or quiet enjoyment.
Complete with a two-car garage and a prime commuter location, this is a rare opportunity to secure space, privacy, and convenience in one.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017