2415 DIXIE LN
About This Property
A powder room is conveniently located in the center hall, while the rear of the home shows off an expansive family room with a brick fireplace, built-in bookcases, and a wall of windows that floods the space with natural light. The sprawling kitchen impresses with fine wood cabinetry, stainless steel appliances, granite countertops, and an island perfectly showcasing the richness of the wood tones in the floors. The cooktop, range hood, built-in microwave, and recessed lighting add both style and functionality. The kitchen is a chef's dream! Just off the kitchen, you'll find a laundry and mud room that allows access to the 2 car garage and a door that allows access to your backyard oasis.
Upstairs, the primary bedroom offers a large walk-in closet, a vanity area, and access to an unfinished attic or flex space ready to be transformed. The renovated primary bath features dual sinks, a soaking tub, and a luxurious tiled shower with dual shower heads. Three additional oversized bedrooms and a beautifully renovated hall bath with tiled floors and a tub/shower combo complete the second level.
The large, unfinished basement offers endless possibilities. Outside, enjoy summer days by your fully fenced inground saltwater pool, with a yard that stretches beyond the fence for more outdoor fun. A split driveway leads to this private retreat, set back from the street for added serenity.
Although nestled in Forest Hill, you'll appreciate the quick commute to Bel Air and the convenient access to major routes-ideal for commuters who need easy access to town while enjoying a peaceful, country setting.
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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