2113 CROSSGATE DRIVE
About This Property
Upstairs, the spacious primary suite features a large walk-in closet and private bath with a soaking tub, separate shower and dual vanities. Three additional bedrooms and a recently updated full hall bath provide plenty of space for family, guests or a home office.
The finished walk-out lower level adds another comfortable living area with a gas fireplace, bonus room and full bath, providing flexible space for guests, a home office, gym or hobbies. From here, step outside to a backyard designed for both relaxing and entertaining. Extensive hardscaping, stone retaining walls and a slate patio create an inviting outdoor setting and a tranquil retreat for relaxing or entertaining throughout the seasons. A lawn sprinkler system makes maintaining the yard more convenient. A storage shed provides additional space for outdoor equipment.
The attached two-car garage is conditioned by its own mini-split system. A heat pump conditions the upper level, while a gas furnace and electric air conditioning system condition the main and lower levels. Located in sought-after Crofton Woods and within the Crofton High School District, the home is convenient to shopping, restaurants, parks and major commuter routes. With generous living space across three finished levels, three fireplaces, a finished walk-out lower level and inviting indoor and outdoor spaces, 2113 Crossgate Drive offers the space and flexibility to feel right at home.
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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