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12936 W Chenango Ave
About This Property
This well-maintained, thoughtfully updated 4-bedroom, 3-bathroom home sits on a third of an acre corner lot, with solar that is owned... means you'll likely have no cost, maybe even paid by the electric company..
The backyard is the kind of space that changes how you think about staying home - a park-like retreat with a meandering pathway that winds through a manicured lawn softened by natural, native plantings. It's a yard meant to be walked through, not just looked at.
Downstairs, you'll find not one but two primary suites. The first is generously sized, with a gas fireplace and a three-quarter bath. The second is something special: a wall of French doors opens to a private patio, with stairs leading right up into the yard - plus a beautifully unique five-piece bath and a large walk-in closet.
Upstairs, the main level opens up into a bright, open-concept living room and eat-in kitchen, with a deck off the kitchen that steps down to the backyard. Down the hall, a full bathroom serves two more nicely sized bedrooms - one of which was the original primary suite and still has its own private deck off the sliding glass doors.
Add in a two-car garage, RV parking, and a large corner lot, and this is a home that keeps giving you reasons to stay a little longer in the backyard before you come inside. Included: Washer/Dryer, wood chipper (used to mulch tree trimmings), stove, refrigerator, dishwasher, window coverings.
Representing Agent: Theresa Lane,
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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