25 Cartwheel Drive
About This Property
Welcome to 25 Cartwheel Drive in Scotia, a move-in ready ranch home offering convenient one-level living in a desirable neighborhood known for its charm, walkability, and close proximity to everyday amenities.
This 2-bedroom, 1-bath home features a spacious and functional layout designed for comfortable living.
Set on a slab foundation for easy, low-maintenance living, the property includes an attached two-car garage and a fully fenced backyard--ideal for outdoor entertaining, pets, or relaxing in your own private space.
Major updates have already been completed, providing peace of mind for the next owner. Improvements include new siding (Nov 2025), roof (Sept 2022), driveway (May 2020), sliding glass door (Mar 2026), furnace and central air (May 2020), water heater (May 2020), and garage door opener (Dec 2025). The kitchen appliances have been updated between 2020-2025, giving the home a clean, modern feel.
Located just minutes from shopping, restaurants, parks, and everything the Scotia/Glenville area has to offer, this property combines comfort, updates, and convenience in one great package.
A fantastic opportunity to own a well-maintained ranch home in Scotia with major mechanical updates already completed.
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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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About Scotia
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017