248 Stagecoach Dr
About This Property
The gourmet kitchen lends itself to entertaining with a generous breakfast bar with center island and gracious dining area. The open and warm great room, adjacent to the kitchen, provides an inviting atmosphere with a handsome stone fireplace and wall of windows.
The well-designed main floor primary suite offers a luxurious bath with soaking tub, large walk-in closet, and private outdoor access to the patio. The main floor also features a guest suite with full bath, spacious laundry/mud room, and powder bath. The upper level provides a functional layout with a large recreation area, and additional bedroom with 3/4 bath ensuite.
Enjoy the outdoors spaces year-round with a spacious patio conveniently located off the dining area. Complete with a gas fire pit, built-in wood burning pizza oven and gas grill it's the perfect oasis for grilling and entertaining. On a warm summer day, relax under the shade of the covered front porch. Easily store all your bikes, skis and recreational toys in the oversized, heated two-car garage.
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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