18 SKYLINE CIR
About This Property
THIS IMMACULATE RANCH HOME is situated on a 3/4 acre wooded lot, in a very private and quiet location! The home is fully handicapped accessible, with lots of open space, wide openings, accessible shower, and a ramp. Total living space is 3333 square feet, 4 bedrooms, 3.5 bathrooms.
Living space main level: 2937 square feet;
Finished space lower level: 396 square feet (one bedroom plus one full bathroom).
Some amazing features:
-granite counter tops in the kitchen
-breakfast nook/sunroom
-fireplace in the living room
-extremely high ceilings with skylights
-sunny office with large windows
-Jack and Jill bathroom with individual sinks
-full basement (partially finished) with high ceilings
-home movie theater
-three-car attached garage with 8' door openings and a ramp
-lots of storage
-beautiful landscaping with low-voltage LED lighting!
-three-tier paver patio that is great for entertaining!
15.4KW SOLAR PANELS WERE INSTALLED IN 2021 AT A COST OF $50,750 AND COVER 100% OF THE ELECTRIC BILL PLUS GENERATE AROUND $1500 A YEAR IN SRECS!!!
-sprinkler system
-shed
-Jacuzzi tub in master bath
-Close to Philadelphia, one hour away from Atlantic City, Ocean City, and the beach. No traffic!
Many upgrades:
-accessible shower
-custom front door
-cherry hardwood flooring in the LR/DR/foyer
-ceramic tile flooring in the kitchen/nook/sunroom and LD/DR/foyer
-marble flooring in powder room
-crown molding in the LR/DR
-many LED lighting upgrades
-timed lighting outlets
-rev-a-shelf (slide-out) kitchen shelves and drawers
-new large powerful microwave oven.
Move-in ready! MUST SEE TO APPRECIATE THE BEAUTY OF THIS HOME!
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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