This is the one! Move-in ready, recently remodeled from top to
bottom, all you have to do is unpack. A gorgeous tiled entry foyer
greats your guests, with a huge double closet for everyone's coats.
A half bath and laundry room (with access to the 2-car garage with
EV charger hook-ups) complete this grand entrance. Step up to the
open living room with vaulted ceiling, a wall of windows, and
classic crown molding. Hardwood floors were all redone in 2019,
along with the kitchen cabinetry. Double ovens and new Wolf cooktop
(2025) make this a true chef's kitchen with lots of storage.
Continue into the dining area with sliders to the fully fenced and
level backyard with patio and custom stone seating. Upstairs you'll
find a second bathroom with double sinks to accommodate 2 bedrooms
as well as a beautiful Primary suite with tray ceiling, two custom
closets and Primary bath with walk-in shower and double sinks. The
lower level completes the home with a private home office, large
den with wood-burning fireplace, and bonus room with multiple
closets.
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.
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