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About This Property
The fully finished lower level provides an expansive recreation area that's perfect for entertaining, family gatherings, or a game room, along with a dedicated laundry room for added convenience. A large deck off the back of the house is perfect for grilling and outside entertainment, and overlooks a spacious and private backyard.
One of the property's standout features is the separate addition, offering outstanding versatility. Currently configured as a private one-bedroom apartment complete with its own living room, kitchen, full bathroom, and two private exterior entrances, the space has no interior access to the main house. It presents an excellent opportunity for rental income, multigenerational living, or guest accommodations.
The property is zoned NP (Neighborhood Professional), allowing for additional possibilities such as a professional office for an accountant, attorney, or other approved business use, making this a unique investment opportunity.
Conveniently located just minutes from downtown Mount Airy, this property combines a desirable location with flexibility rarely found in today's market. Schedule your showing today and discover all the possibilities this exceptional home has to offer.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2026 | Listed by Long & Foster Real Estate, Inc. | $550,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017