2018 Castle Drive
About This Property
The home offers two spacious living areas, perfect for both entertaining and relaxing. One living room features a striking white brick wood-burning fireplace, creating a cozy focal point for family gatherings or quiet evenings at home. Just off the dining area, the kitchen is bright and functional, complete with plenty of white cabinetry, a stylish blue subway tile backsplash, a gas stove and range, and a refrigerator that stays with the home - making it truly move-in ready.
The primary bedroom is generously sized and includes its own private bathroom, offering a comfortable retreat at the end of the day. The additional bedrooms also provide ample space, making them versatile for family, guests, or even a home office.
Step outside and enjoy the backyard, where you'll find room to relax, play, or garden. A convenient storage building adds extra space for tools, hobbies, or seasonal items.
Blending space, function, and charm, this home has so much potential and is ready for you to add your personal touch. With its mature trees, cozy fireplace, and welcoming design, it's the kind of property that feels like home the moment you walk in.
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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