226 RINGWOOD DRIVE
About This Property
Inside, you've got formal living and dining rooms up front and a relaxed family room in the back with views of the screened-in pool and water beyond. The kitchen has been recently updated with new appliances and includes a cozy breakfast nook that brings in lots of natural light.
The primary suite features an oversized walk-in closet and an updated bathroom with double sinks and a clean, classic shower. Upstairs, you'll find three more bedrooms, a shared full bath, and one of the home's coziest corners-a built-in reading nook at the top of the stairs.
Step outside to a covered patio and screened pool area that's perfect for winding down or hosting a low-key weekend hang. No rear neighbors means extra peace and quiet.
Updates include:
Roof (2022)
Whole-home re-pipe (2022)
Water heater (2019)
Renovation completed (2023)
Garage updated with fresh paint, ceiling, and blinds
Close to parks, trails, shopping, and dining-this is a home that's easy to settle into.
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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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About Deer Run
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017