18516 RUSHBROOKE DR
About This Property
The property features a fully finished walk-out lower level with an exercise room, finished storage/den, and a luxurious guest bedroom suite with full bath, kitchenette, and laundry. The main level showcases exotic wood flooring, a sunroom with wooded views, and a gourmet kitchen with elegant maple cabinetry and beautiful natural stone counters.
Enjoy the custom butler's pantry/wet bar off the kitchen with black galaxy granite, distressed wood, and 2 wine coolers, a double staircase, imported marble in the foyer, and an exquisitely finished garage. The outdoor space is equally impressive with a new low-maintenance composite deck with under-decking to keep you dry on ground level, as well as an impressive bluestone front porch.
This meticulously maintained and thoughtfully upgraded home offers every modern convenience including widened driveway parking for up to 6 vehicles and community features such as pool access, playgrounds, hiking trails, and basketball, tennis, and pickelball courts - perfect for families or outdoor enthusiasts. Don't miss out on this rare opportunity to own a luxurious retreat in Olney!
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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