208 CRANBROOK DRIVE NE
About This Property
After passing your first floor office space you can step into the inviting living room with vaulted ceilings, a cozy fireplace, and an abundance of natural light. The adjoining formal dining room and large eat-in kitchen make entertaining effortless. The kitchen boasts with new granite countertops, ample cabinet space, and a center island perfect for prepping meals or casual dining. Great sized secondary bedrooms with lots of natural light and a full bathroom in the hall to share. The Primary is nicely appointed with a beautiful renovated bathroom attached.
Spacious finished basement offers incredible versatility. Ideal for a home theater, playroom, gym, or guest space, the area includes a walkout entrance for added convenience and natural light.
In addition to the finished living space, the basement features a large unfinished section with ample storage, built-in shelving, and utility access-perfect for a workshop or future expansion. Whether you're looking for move-in-ready comfort or additional potential, this basement delivers both.
Enjoy the convenience of a two-car garage, a generous front porch, and a private backyard-ideal for relaxing or entertaining guests. Located just minutes from shopping, dining, parks, and commuter routes, this home is move-in ready and waiting for its next owner.
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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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About Paxton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017