2889 Creekview Drive
About This Property
Walk or short bike ride to Clubhouse & swim team practice, basketball court, gym, playgrounds. House is Meticulously maintained and features: 2-story great room with gas logs fireplace, modified and expanded open floor plan (best of both worlds!), Formal dining room, striking Primary suite, substantial walk-in closet with custom built ins, 4 additional large bedrooms (one down) / 4 full bathrooms (windows in each!), two linen closets, dream kitchen with upgraded appliances, farmhouse sink, soft touch drawers, under cabinet lighting, walk in pantry with custom built ins, beautiful landscaping surrounds home, 80% fenced in yard, weekly lawn service included with HOA fees and oversized 2-car garage plus second single car garage. Many upgrades include: 2024 addition of wood laminate downstairs, upstairs family and loft, and master suite; lighting fixtures (inside and outside); Kitchen appliances; Master seamless shower door; Performance ceiling fans; Custom closet and pantry built-ins.
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017