12 Spoke Lane
About This Property
Step into a spacious living space featuring a formal dining room with a stunning dual-sided fireplace, ideal for cozy gatherings. The extended kitchen, filled with natural light thanks to a skylight, includes modern stainless steel appliances for the home chef.
The first floor features two generously sized bedrooms and a fully updated bathroom, while the second floor offers two additional bedrooms, including one that is extended for extra space, along with a convenient half bath.
Enjoy year-round versatility with a charming enclosed three-season sunroom, and take in the outdoors in your private, fenced-in backyard, complete with a deck, hot tub, and two sheds for ample storage. The home also includes a stainless steel vertical oil tank with an enclosure for added efficiency and safety.
Located in the sought-after Gardiners Avenue, Salk, and MacArthur school district, this home offers excellent educational opportunities in a welcoming neighborhood.
Don't miss this opportunity to own a spacious, upgraded home with modern touches and outdoor amenities ideal for relaxing and entertaining!
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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