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12229 SHADETREE LANE
About This Property
This two-level residence features a highly sought-after main-level primary suite, offering convenience and privacy with its own full bath-perfect for easy everyday living or multigenerational needs. The main level also includes generous living and dining spaces filled with natural light, along with a well-equipped kitchen ready for both daily meals and entertaining.
With five true bedrooms, this home provides plenty of room for guests, home offices, or hobby spaces. The layout offers versatility across both levels, making it easy to adapt to your lifestyle. The beautiful, flat and fenced in backyard is also equipped with french drains, taking water away from the property.
Major updates add tremendous value, including a brand-new roof, solar panels for energy efficiency, and a whole-house generator-providing reliability and long-term savings. Solar panels are owned, and the buyer will need to assume the loan which has payments of about $162 per month. Electric bills are minimal and owners even receive checks from the solar company. This is a true energy savings opportunity.
Located in the established Montpelier community, residents enjoy access to amenities such as a swimming pool, tennis courts, and recreational spaces, all while being conveniently located close to shopping, dining, and commuter routes.
This is a rare opportunity to own a well-appointed home with modern upgrades in a vibrant, amenity-rich neighborhood-schedule your showing today.
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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