12618 MILLSTREAM DRIVE
About This Property
The home offers a comfortable and functional layout with three bedrooms, two full bathrooms, and one half bath. Additional features include a convenient washer/dryer combination, a propane whole-house generator, and a walk-in tub and shower for added comfort and accessibility. A fireplace creates a cozy space for relaxing and gathering.
Step outside to enjoy the rear patio, perfect for outdoor seating or entertaining. The property also features a shed with electricity, offering excellent storage or workspace potential, along with a one-car garage for parking and additional storage.
Conveniently located near shopping, restaurants, bus routes, the community library, and other everyday amenities, making errands, dining, commuting, and community activities easily accessible.
This home offers comfortable living, practical features, and convenient access to local amenities. Property is being sold AS-IS. Come see all this home has to offer and envision making it your own!
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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