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1924 N OLD MILL DRIVE
About This Property
Step inside to a bright open floor plan featuring luxury vinyl plank flooring throughout the main level, recessed lighting, and abundant natural light. The spacious family room flows seamlessly into the dining area and kitchen, creating the perfect setting for everyday living and entertaining. The kitchen is a standout with white shaker cabinetry, stainless steel appliances, ample counter space, and a large center island with seating for four.
Upstairs, the generous primary suite provides a relaxing retreat with a walk-in closet and private bath. Three additional bedrooms, a full hall bath with double vanity, and a convenient second-floor laundry room offer plenty of space for family, guests, hobbies, or a home office.
Outside, enjoy a fully fenced backyard with room for pets, play, gardening, or outdoor gatherings. The rear deck is ready for summer barbecues and relaxing evenings, while the open views beyond the backyard add to the sense of space and privacy. An attached two-car garage provides additional storage and convenience.
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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