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128 Childers Road
About This Property
Step inside to find newer LVP flooring throughout the main living areas, beautifully custom-trimmed walls, and a bright, welcoming layout. The main level features a spacious dining room, comfortable living room, and an updated kitchen complete with quartz countertops and a stylish tile backsplash-perfect for everyday living and entertaining.
Upstairs, you'll find the primary suite along with two additional bedrooms and a full secondary bathroom, providing three bedrooms and two full baths on the upper level. Downstairs offers even more flexibility with a large room just off the garage that could make an ideal mudroom, office, hobby space, or additional living area, along with a dedicated laundry area. An additional fourth bedroom provides the perfect space for guests, a home office, workout room, workshop, or man cave-the possibilities are endless!
Step outside and enjoy the expansive, fully fenced backyard with plenty of room to play, entertain, garden, or simply relax. A large back deck overlooking the backyard features durable Trex decking, creating the perfect spot for morning coffee, weekend gatherings, or enjoying the peaceful outdoor space. An outbuilding provides additional storage with power and the existing carport remains with the property. The home also features a two-car garage and double driveway, providing plenty of parking.
Major updates and maintenance provide added peace of mind, including a BRAND-NEW HVAC system installed in 2025. The septic system was pumped in 2026, the water heater is approximately 6 years old, and the roof is approximately 8 years old.
Conveniently located just minutes from shopping, restaurants, and Interstate 575, making commuting and exploring everything the area has to offer a breeze. With its generous lot, flexible floor plan, fenced backyard, Trex-decked outdoor living space, updates, and lack of HOA restrictions, this is a home you won't want to miss!
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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