285 WISE AVENUE
About This Property
Luxury vinyl plank flooring runs throughout the main level living spaces, offering a clean, modern look that's as stylish as it is durable. The main level includes three generously sized bedrooms, including a primary suite complete with a private en-suite bathroom. Both bathrooms have been tastefully updated with contemporary finishes.
Step outside to enjoy the freshly redone deck-perfect for morning coffee, evening relaxation, or gatherings with family and friends. The home sits on a beautifully landscaped lot and includes a spacious driveway with room for up to four vehicles. A storage shed conveys with the property, and a washer and dryer are conveniently located in the basement.
The unfinished lower level is framed and roughed-in for a third full bathroom, offering endless possibilities for additional living space, a guest suite, or a recreation area.
Just minutes from downtown Strasburg, local schools, and major commuter routes. Quick access to I-81 and I-66 makes this a commuter's dream while still enjoying all the charm of small-town living.
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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