22 Schuyler Drive
About This Property
This spacious 6-bedroom home can be a legal mother-daughter with proper permits. The main level features a large living room with beautiful molding details and an electric fireplace with a custom mantle, seamlessly flowing into the dining room and updated kitchen. The kitchen was expanded and enhanced with granite counters and custom wood cabinetry, perfect for everyday living and entertaining.
Up just six steps, the second level offers two generously sized bedrooms, a full bathroom, and a comfortable sitting room ideal for reading, relaxing, or a home office setup. Down six steps from the main level, you'll find two additional bedrooms and a convenient half bath, making the space flexible for guests, or multi-purpose use.
The apartment features a nice size living room, a kitchen with room for a table overlooking the yard, 2 bedrooms and a full bathroom.
The home also includes a nicely finished basement, perfect as a cozy family room, playroom, or media space with a laundry room and a utility room. The yard is flat and great for gatherings, outdoor fun, or gardening. It has a semi-in-ground pool ( 16X32) and a white vinyl fence all around.
A wonderful opportunity to get into the Commack community in a home with space, comfort, and versatility. Roof 2007 CAC 4 years, New Dishwasher HWH 10 years, High efficiency boiler 8 years New washer Gas range 4 years, Refrigerator 5 years, Cesspool pumped 3 years ago.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017