222 SPRINGLOCH ROAD
About This Property
Upstairs, enjoy a massive primary suite with walk-in and wall closets, a flex area great for a home office or closet renovation, as well as a large bathroom with dual vanity and walk-in shower. This spacious primary suite has so much potential for luxurious living! Three additional bright bedrooms grace the upper level, complemented by a large hall bathroom.
The lower level offers ample additional living and entertaining space with a second fireplace, built-in bar, full bathroom with jacuzzi tub, and tons of storage space. The fully fenced-in backyard is the real stunner of the home! A beautiful pool, four-season porch, stone patio, all surrounded by mature landscaping, make for the perfect backdrop for luxurious at-home living and grand entertaining. Don't miss this incredible opportunity to make this home your own! Please note this property is being conveyed strictly AS-IS. The possibilities are endless- come see for yourself, and bring your contractors and vision! DON'T MISS THE 3-D MATTERPORT TOUR!
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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