240 WINDING WAY ROAD
About This Property
This 4-bedroom, 1.5-bath split-level offers approximately 1,500 square feet with multiple living spaces designed to give everyone a little room to spread out. Step inside to a bright living area, formal dining space, and an eat-in kitchen that leads directly outside, while the cozy family room, anchored by a brick fireplace, gives you another place to gather, unwind, or make your own.
Upstairs you'll find three bedrooms and a full bath, while the lower level adds a fourth bedroom, laundry area, and additional flexible space that could easily become a home office, workout area, playroom, or whatever fits your next season of life.
But one of the best parts may be waiting outside. A spacious Trex deck overlooks a wooded backyard, creating the kind of setting made for morning coffee, summer dinners, and weekends spent at home.
With an attached one-car garage, newer HVAC and central air, a newer water heater, and a location convenient to everyday shopping, dining, and major roadways, this is a home with a solid foundation, plenty of possibilities, and room to make it completely yours.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017