22 YOUNG BRANCH DR
About This Property
The interior features spacious bedrooms, a wood staircase, slate floors and 1st-floor laundry. The gourmet kitchen, equipped with a Viking gas stove ('17), Bosch dishwasher ('23), and GE fridge ('17), is complemented with beautiful granite countertops.
Enjoy sunset views every day from the kitchen window, rear covered porch, firepit, or amidst the hardscaping with a fountain. The steel-fenced rear yard ensures privacy. Recent updates include Trex decking ('19) and a new back door ('19).
The primary bedroom has been updated with hardwood floors and a renovated attached bath ('23), offering practical yet stylish amenities like a heated towel rack and a new energy-efficient window to enjoy the unobstructed view. The zoned HVAC system ('10) and architectural shingle roof ('10) speak to the home's well-maintained infrastructure.
All coupled with sought-after Middletown Schools and wonderful small-town living. Perfect 10!
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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