2325 RALEIGH DRIVE
About This Property
The semi-finished basement expands the home's usable space while providing an abundance of storage, along with convenient access to the integral one-car garage. Outside, you'll appreciate the oversized driveway offering plenty of off-street parking and a spacious patio that's perfect for relaxing or entertaining family and friends.
Situated on just over one-half acre, the expansive backyard provides endless possibilities for recreation, gardening, pets, or future outdoor enhancements. Homes offering this much outdoor space in such a sought-after Manheim Township location are a rare find.
While some areas offer an opportunity for a new owner to add their own personal touches, this home has been well cared for and provides a fantastic foundation to make it your own. Conveniently located near shopping, dining, parks, healthcare, and major commuter routes, this property combines location, space, and value. Schedule your private showing today!
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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