17110 FITZROY WAY
About This Property
Welcome home! This beautiful and meticulously kept brick colonial is located in the highly sought-after Cherrywood neighborhood, and is an absolute showstopper! Nestled on a quiet cul-de-sac located just seconds from everything Olney offers and the ICC, this 4 bed/2.5 bath home has it all. Beautiful hardwood floors throughout the home, natural light, open concept floorplan, and so much more. Don't miss the vaulted ceilings in the living and dining room, and as you make your way into the kitchen, you will notice the modern light fixtures, upgraded cabinet hardware, stainless steel appliances, and granite countertops. This kitchen is perfect for entertaining with plenty of storage, and an amazing kitchen island that can be used for prep space or additional seating. The open family room includes plenty of natural light and an incredible stone fireplace. Upstairs includes 4 bedrooms and 2 bathrooms and features an amazing primary bedroom with an ensuite made for relaxation. Downstairs is a blank slate, perfect for the basement of your dreams or an ample storage room! Outside you will find the expansive deck and a beautifully landscaped fenced-in yard. This one definitely won't last, so call us today!
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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