18790 Homer Road
About This Property
The kitchen is a culinary delight, boasting ample storage, updated appliances, a breakfast bar, and a dining area. The main floor also includes a convenient mud room and laundry area.
The lower level offers a spacious recreational area and an unfinished portion with an egress window. This versatile space could easily be transformed into a 4th bedroom and a 3rd bathroom, providing even more room to grow.
Set on over an acre of land, the property is mostly fenced, making it ideal for pets, and features beautiful landscaping and space for gardening. You'll also enjoy the convenience of a 2-car attached garage and an additional pole barn with cement floors and power. An asphalt driveway leads to the home, and a separate driveway provides access to the pole barn.
Relax on your back porch or new stamped concrete patio and appreciate the tranquility of your surroundings. With the added benefit of lower Eckford Township taxes, this home is a perfect blend of comfort and value.
Don't miss out on this fantastic opportunitycall Matthew D. Miller today at to schedule your private showing.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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