16508 ROLLING TREE ROAD
About This Property
At the heart of the home, the kitchen shines with an abundance of granite countertops, stainless steel appliances, crisp white cabinetry, and a breakfast area perfect for gatherings. This home offers 3 comfortable bedrooms, 2 full bathrooms, spacious living areas, and a versatile layout that makes daily life as functional as it is inviting. Downstairs, the unfinished basement brims with opportunity-whether you envision a movie theater, game room, home office, gym, or private guest suite, the possibilities are endless-all anchored by a charming brick-surround fireplace.
The oversized detached garage is a true highlight-ideal for a home gym, motorcycle storage, workshop, or extra storage-and it's paired with a separate shed for even more organization. The long driveway and fully fenced backyard provide additional space for entertaining, hobbies, and outdoor living.
Recent updates include a new fence (2023), fresh attic insulation (2024), fruit trees and bushes (2024), four new support beams (2025), and a new sump pump (2025), complementing a newer roof (2016) and water heater (2021).
Step outside and enjoy the quiet of the neighborhood, with nearby grocery stores and easy access to commuter routes making life effortless. Whether you're hosting friends, working on projects, or relaxing in your private backyard retreat, 16508 Rolling Tree Rd is more than a house-it's a lifestyle waiting to be embraced.
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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