20669 BROOKFIELD LANE
About This Property
The home offers three bedrooms plus a versatile flex space that can be used as a dining room, office, or additional living area, along with two full bathrooms. The primary bedroom benefits from a 4-foot bump-out, providing additional space, while the home also features a 4-foot bump-out across the living room. Enjoy the spacious morning room, screened-in porch, and paver patio overlooking the .48-acre lot. A shed provides additional storage, while an irrigation well and full-yard irrigation system help maintain the landscaping.
Additional features include an oversized laundry room with built-in sink and cabinetry, three-car side-entry garage, tankless water heater, central vacuum system, and an encapsulated crawlspace offering valuable additional storage. With its combination of one-level living, upgraded finishes, indoor and outdoor living spaces, and a generous homesite, this Stonewater Creek property offers a comfortable and functional place to call home.
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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%.
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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.
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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