2268 Forest Music Drive
About This Property
Inside, the home features an open living, dining, and kitchen layout with updated LVP-style flooring and distinctive wood trim throughout. The kitchen offers granite countertops, abundant cabinetry, a full-height backsplash, modern range hood, black appliances, and a large center island with seating. The living area is spacious and comfortable, with direct access to the covered porch and peaceful wooded surroundings.
Additional features include generously sized bedrooms, ample closet and storage space, an interior laundry area, and numerous updates throughout the home. One bathroom renovation remains unfinished, giving the next owner the opportunity to complete it to their own taste.
This property is ideal for buyers seeking privacy, space for animals, gardening, hobbies, or a more self-sufficient lifestyle while remaining convenient to Clover and surrounding York County communities. The chicken coops and related animal enclosures are not included in the purchase price but may be negotiated separately if the buyer would like them to remain with the property. Property is served by community water and a septic system. Buyer and buyer's agent to verify all information, permits, square footage, utility systems, and financing eligibility.
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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