27209 SAXIS ROAD
About This Property
The home features a warm and bright interior filled with natural light. The main level offers two comfortable bedrooms, while the second floor boasts an oversized bedroom-perfect as a private retreat, guest space, or flex room. Stylish updates throughout include laminate flooring, a beautifully remodeled bathroom, and an updated kitchen with new cabinets, flooring, and countertops.
Extensive recent improvements provide peace of mind, including a new roof with all new plywood sheathing, new windows, new HVAC system , tankless water heater, new front and rear exterior doors, updated driveway, landscape improvements, and new upstairs carpet and drywall.
An established garden adds to the property's charm, featuring strawberries, asparagus, and blackberries-ideal for farm-to-table living. Enjoy privacy, acreage, and creek frontage all in one beautifully updated property. A truly special opportunity!
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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