18240 MOUNT OLIVE DRIVE
About This Property
Inside, you will find a spacious layout with plenty of natural light and a den area that can easily be used as a home office, study, or flex space, making it ideal for remote work or additional living needs. The renovations give the home a modern feel while maintaining a warm and inviting atmosphere.
The 5-acre lot provides endless possibilities-perfect for those looking for extra space, privacy, outdoor activities, or future expansion. Enjoy peaceful surroundings while still being within convenient distance to shopping, dining, and major roads.
This is a rare opportunity to own a beautifully updated home with acreage, ready for its new owner to enjoy.
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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