176 Rolling Ridge
About This Property
Inside, the vaulted living room features durable vinyl plank floors and an electric fireplace with remote control for cozy evenings. The kitchen offers granite countertops, an undermount sink, and updated appliances. The split bedroom layout provides privacy, and the primary suite includes a walk in shower, double vanities, and two closets.
Extra features add comfort and peace of mind: a Generac full-home generator with buried propane tank (transferable extended warranty), new HVAC (2023), 2 car garage, and additional storage building. A flex room off the laundry makes the perfect hobby or office space.
Outdoor living is a dream here enjoy the screened in porch (wired for a hot tub), a brick-paved entertainment patio, and a circular driveway for easy access. With no homes or roads behind, the backyard feels wonderfully private.
Best of all, you're part of a vibrant community with every amenity at your fingertips: pool, tennis, pickleball, golf, fishing, and even on-site dining. Roof replaced in 2018.
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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