12720 SPICKLER ROAD
About This Property
Step inside to a spacious living room with plush neutral carpeting and elegant crown molding, flowing seamlessly into a formal dining room. The gourmet kitchen boasts custom cabinets from Shady Grove Cabinet Shop in Pennsylvania, sleek granite countertops, and a cozy family room with a brick-hearth wood-burning fireplace and recessed lighting. The main-level owner's suite features two lighted closets and a private full bath, with two additional bedrooms with lighted closets. Both main-level bathrooms include convenient laundry chutes to the lower-level laundry room.
Relax in the bright sun-room or step outside to a private concrete patio, perfect for entertaining or quiet evenings surrounded by nature. The finished lower level includes a versatile room with drywall, carpeting, a drop ceiling with recessed lighting, and a second wood-burning fireplace, plus a half bath, abundant storage, a workshop, laundry room and a stairwell exit. The foundation has an added course of block for additional ceiling height!
Additional highlights include an oversized, fully finished 2-car side-load garage with insulation and a sink, plus a separate 1-car garage with electricity. and two outside hydrants. A long covered front porch adds to the home's inviting curb appeal.
Don't miss your chance to own this exceptional Clear Spring home-schedule a 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017