2451 Sledd Road
About This Property
As you enter the home, you are greeted by a warm and inviting atmosphere, with an open and airy layout that is perfect for both relaxing and entertaining. The spacious living area features a cozy fireplace, ideal for chilly evenings, while the well-appointed kitchen boasts ample counter space and storage.
Step outside and discover your own private oasis in the expansive backyard, complete with a large fenced-in area that is perfect for children or pets to play safely. The detached garage/workshop is a handyman's dream, offering plenty of space for projects and storage. Plus, take advantage of the added bonus of solar power already installed, providing energy efficiency and significant cost savings on your utility bills.
This home offers the best of both worlds - a peaceful, rural setting with the convenience of being just a short drive away from shopping, dining, and entertainment options. Don't miss this opportunity to own a slice of paradise!
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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