21 Maine Drive
About This Property
The kitchen features beautiful stainless-steel appliances, ample cabinetry, and a practical layout perfect for both everyday meals and entertaining. A tiled dining room is just off the kitchen, providing a seamless extension of the home's main living spaces. Down the hall, the private primary suite includes a renovated full bath with spa-like features, highlighted by refined tile work, contemporary fixtures, and a polished, relaxing finish. Both bedrooms are oversized, offering excellent flexibility for guests, office space, or expanded storage. A second updated full bath serves the main level.
Additional highlights include central air conditioning, a built-in vacuum system, an oversized one-car attached garage, and a full-home Generac generator that automatically powers the home during outages for uninterrupted comfort and peace of mind. The home also offers 1,000+ sq ft of basement space-ideal for future bedrooms, a family room, gym, playroom, or other flexible living areas for those seeking room to grow.
Outside, the expansive fenced-in yard provides abundant space for outdoor activities, pets, gardening, and entertaining, and a large back deck offers the perfect setting for outdoor dining, relaxation, and gatherings. Conveniently located near schools, shopping, dining, and major commuter routes, this well-maintained property offers strong value, modern improvements, and the versatility to fit a wide range of needs.
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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 Balmville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017