201 ROYAL GRANT WAY
About This Property
Movie nights will be a breeze in the partially finished basement, complete with a projector set-up and plenty of room for seating. Step outside to your private backyard oasis, ideal for hosting gatherings and creating lasting memories. The patio area is perfect for al fresco dining, while the landscaped yard provides a picturesque backdrop for outdoor enjoyment. Grill enthusiasts will appreciate the dedicated grill area, while bench swings offer a peaceful spot to unwind after a long day.
This home has been thoughtfully updated and meticulously maintained, with recent upgrades including a new 50-year roof installed in November 2022, a tankless hot water heater, and new flooring and carpets throughout. The kitchen has been beautifully remodeled, featuring solid surface counters, custom cabinets, and a center island with butcher block, perfect for meal preparation and casual dining.
Conveniently located within Caesar Rodney School District and with easy access to Rt. 13, shopping, and dining options, this home offers the perfect blend of comfort, style, and convenience. Plus, with no HOA fees to worry about, you'll enjoy the freedom to make this house your own. Don't miss your chance to make this exceptional property your forever home. Schedule your showing today and start living the life you've always dreamed of in beautiful Dover, Delaware!
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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