Beautifully maintained 4-bedroom, 2.5-bath Colonial set on a
half-acre property perfect for indoor comfort and outdoor living.
The backyard is your own private retreat featuring a saltwater
in-ground pool, hot tub, gazebo, and basketball court. Inside,
you'll find a bright, open layout with soaring ceilings, exposed
beams, and abundant natural light. The updated chef's kitchen
features stainless steel appliances (5 years old) and flows
seamlessly into the main living & dining spaces, with a modern
electric fireplace creating a warm focal point. First floor also
features a laundry room, a half-bath, and direct access to the
oversized two-car garage. Upstairs offers a spacious primary suite
with a walk-in closet and private ensuite bath, along with three
additional bedrooms and a hall bathroom with double sinks.
Additional updates include a brand-new boiler, well-maintained
utilities, and a widened driveway for added convenience. A home
that's been thoughtfully cared for inside and out, ready for its
next chapter!
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.
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