262 DUNGADIN RD
About This Property
At the heart of the home is a spacious kitchen, featuring an eat-in bar and a separate dining area-ideal for both casual and formal dining. The expansive back deck provides a wonderful space to enjoy seasonal river and mountain views, making it perfect for relaxation and entertaining.
The main-level primary bedroom offers a tranquil retreat, with a pocket door leading to the ensuite bathroom, which boasts a dual vanity, oversized shower with two rain showerheads, a wall-mounted shower head, a bench, and beautiful tile work. Additionally, the main-level secondary bedroom includes a charming built-in window seat, adding a cozy touch to the space. A full bathroom on the main level features a sleek glass tile surround.
The fully finished walkout basement expands the living space and opens onto a large concrete patio overlooking a sparkling pool, ideal for hosting gatherings. The property also includes a spacious, fully insulated 4-car garage with OSB paneling, offering plenty of storage and parking, including room for an RV.
Located in a golf cart community close to the Shenandoah River public boat launch, Skyline Caverns, Skyline Drive, and the Front Royal Canoe Company, this home provides convenient access to outdoor adventures, while still being a short drive from shopping, dining, and entertainment in town.
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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