13039 MONTEREY ESTATES DRIVE
About This Property
Charming Move in Ready 4-Bedroom Home!
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With a five star screened porch and a beautiful flat yard, welcome to a home that checks all the boxes! Located in a sought-after neighborhood known for its friendly faces and strong sense of community. With four spacious bedrooms all upstairs, this home offers the ideal layout for modern living.
The main level features fantastic flow between rooms, making everyday living and entertaining effortless. One of the standout features is the expansive screened porch, offering plenty of space for outdoor dining and lounging-all while enjoying the fresh air and protection from the elements.
Step outside to a large, flat yard-perfect for play, gardening, or relaxing in the sun. There's even a dedicated swing set area, creating a true outdoor haven for little ones. The oversized garage offers generous room for cars, bikes, and extra storage.
Located near a beloved local community school and within easy reach of all major commuter routes, this home blends convenience with that "welcome home" feeling.
Don't miss the opportunity to make this special place 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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About Floris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017