164 Pine Grove DRIVE
About This Property
The spacious main suite includes a walk-in closet and a nice bathroom with double vanities, Quartz countertops and a shower/tub combo. The guest bedrooms and bathroom are equally impressive, with a new vanity featuring Quartz countertops and a tub/shower combo.
The kitchen opens to a breakfast nook, formal dining area, and a large living room with French doors leading to an expansive backyard, perfect for a potential pool. Additional highlights of this home include a new roof (2021), fresh interior and exterior paint, new decorative front door, security system, new toilets, an indoor laundry room with a washer and dryer, hurricane shutters, a fully fenced yard with a large paver patio, and an irrigation system on a well to maintain lush greenery year-round.
Schedule your visit today and make this lovely home yours!
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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