4 BR townhome with accessory 1 BR apartment. Excellent owner
occupied investment opportunity – apartment has rental history at
$1000 per month. Pristine condition with beautiful custom woodwork
details throughout. First floor has large, open floor plan and
beautiful wide plank wood floors. A welcoming entry leads through
French doors into living room. Custom cherry kitchen features large
island with granite top opens to dining room with coffered ceiling
and sliding door to covered porch, perfect for outdoor dining.
Spacious second floor master suite with walk through closet leading
to bath. Master bath has recently been update with a custom tile
shower and marble counters atop the double vanity. Two additional
second floor bedrooms offer ample closet space and plenty of
natural light. Large bonus room above attached garage currently
used as media room/office, but could serve as fourth bedroom.
Additional full bath on second level features a large linen closet.
Energy efficient home with and air recovery system. Attached single
bay garage plus a detached three bay garage with attic storage.
Fully furnished, one bedroom basement apartment with full kitchen
and 3/4 bath. Large lawn area with low-maintenance perennial
gardens and direct access to wooded walking paths. Ideal location
in Jericho Village. Walking distance to Jericho Elementary School,
Snowflake Chocolates and more. Great school system with school
choice between Jericho, Underhill, Richmond, and Bolton schools.
Unit Size
3,057 Ft²
Days on Market
-
Land Size
-
Price per sqft
$141
Property Type
House
Property Taxes
$664
HOA Dues
$125
Year Built
-
Payment Calculator (Computations Provided by RealtyHop)
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier)
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.
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