2318 QUEENSBURY DR
About This Property
Welcome home to this stunning 4 bedroom, 3 full baths, 2 half baths, 3 car garage, 1.2 acres home in the sought-after development of Woodcrest, Fallston. You can have your own private resort in a quiet CUL-DE-SAC with a gorgeous outdoor oasis, surrounded by a tree line for privacy, built-in saltwater heated pool, jumping board, 8 ft depth, 3 Season Sunroom, ready for your entertainment, outdoor furniture, and palm trees convey. Once you are in the beautiful cozy home you will be greeted with an open foyer, large floor plan, wood floors throughout, 9-foot ceilings, gourmet kitchen, family room w/gas fireplace, and a beautiful 3-season sunroom. The main level also includes an office, dining room, and living room. The primary suite is truly luxurious and spacious with 2 walk-in closets, laundry, and an oversized fully updated bathroom with a soaking tub, shower, and dual sinks. There are 3 additional spacious bedrooms all with walk-in closets and one of the bedrooms is an additional large on-suite- great for an in-law suite. Wait till you see the lower lever, PERFECT for parties, entertainment, and a movie room! Your home will definitely be the hang-out spot and it has its own entrance to the exterior. The lower level bathroom has a rough-in for a potential shower. Lots of storage space. Fully updated! Additional features include- Saltwater heated pool 2018, roof 2020, HVAC replaced 2020, additional HVAC for the upper level, well tank 2023, 3 car garage, appliances less than 5 yrs, and 2 fridges. The stove is electric but the house is gas, easy to change out to a gas stove.
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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