222 HILLSBORO DRIVE
About This Property
Unique and versatile interior. The main level features vaulted ceilings, recessed lights, and wood flooring throughout. THERE ARE 2 MAIN LEVEL PRIMARY SUITES WITH PRIVATE EN-SUITE FULL BATHS. In 2019 the owners customized the second primary bedroom with a walk-in closet and a full bath with an extra deep tub and uniquely recessed shelves. In addition, there is a 3rd full bath in the hall for the 3rd bedroom and for other guests to use. In 2018 the other 2 main level bathrooms were updated. Enjoy the light and bright updated kitchen with breakfast bar and a pass through to the dining room. Adjacent to the kitchen and dining room is the sun-filled addition which has sliders to the yard, backyard; and overlooks the patio and mother nature. The owners have used the lower level bedroom, which has a private side entrance, as a modern office. The office area features custom wood flooring, recessed lighting, custom sink, and coffee bar. If one wishes, the space can easily be converted into 2 rooms. In the corners of the lower level are a powder room and a guest room. The Floor plans are from Truplace, are provided to show you the layout and the dimensions are deemed to be accurate but not guaranteed. THE HOT WATER HEATER IS NEW AND UPGRADED FROM 30 gallons to 50 gallons; New gutters (2016) Recently installed wooden floor in the sunroom (2017; New Furnace (2016) New roof (2009) New windows (2007) Radon sensor in the basement. New Dryer (-2017). Make your dream a reality and wake up in heaven on earth.
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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%.
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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.
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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 Kemp Mill
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$3,000 /mo
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$3,300 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017