215 Mcgregor ROAD
About This Property
Step outside to discover the perfect spot for entertaining or unwinding-your very own covered patio, featuring a large hot tub and a screen-enclosed inground pool. With a new pool pump installed in 2022, and a new screen cage replaced in November of 2023, this area is ready for endless summer fun! The master suite offers its own slice of paradise, with French doors opening directly to the patio, providing easy access to the hot tub and pool.
This home is full of thoughtful touches, including a 3rd bedroom located on a separate side of the house with its own bathroom and entrance-ideal for an in-law suite or guest room. The kitchen is a chef's delight, featuring a brand -new stainless -steel refrigerator and updated stainless steel dishwasher and stove, a wet bar area perfect for entertaining, and plenty of space to cook up your favorite meals. The exterior of the home has been freshly painted, and with a roof replaced in 2018, a water heater in 2021, both electrical panels updated in August 2024, and one of the two HVAC units replaced in March 2024, this home is move-in ready.
Need extra space? A separate steel building with electricity and two rooms offers endless possibilities-whether it's a workshop, home office, or studio, you decide! The property also features a convenient laundry room with an oversized sink, fold-out ironing board, and outdoor access, a 2-car garage, and dual septic tanks.
Surrounded by beautiful wildlife and offering plenty of room to breathe, this home is the perfect canvas for your personal touch. Whether you want to update a few areas or simply enjoy the peaceful setting, this property is ready to welcome you 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