24796 WATERVIEW WAY
About This Property
Wow! Here's a rare opportunity to own this beautiful, spacious, well-maintained home! Amazingly, located in the well sought-after community of Morris Mill on a wooded lot at the edge of a cul de sac! With an open layout that is superbly designed, the first floor of this home comprises a master bedroom, an additional 2 large bedrooms, and 2 bathrooms which all offer plenty of room for the entire family! With engineered hardwood floors throughout the 1st floor and granite countertops in the kitchen, this home is turnkey ready!! On the second floor, there is an additional large bedroom, a full bath and a large bonus room that can fit any lifestyle! The house is 2,242 square feet and is exceptionally positioned on a 1.15-acre corner lot which boasts the ideal blend of privacy and seclusion. In addition, there is a large 1,802 sqft unfinished basement which serves as a blank canvas for endless possibilities! This home is priced to sell!
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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