30212 E MILL RUN
About This Property
The heart of this home is the spacious eat-in kitchen, a culinary haven with ample counter space, a convenient double sink, and a suite of white appliances, including an electric stove and a built-in microwave. A wall of windows bathes the kitchen in natural light, creating a bright and cheerful atmosphere for your culinary adventures. The primary bedroom is a tranquil retreat, featuring a new carpet and an en-suite bathroom with a soaking tub, a stall shower, and a private water closet, providing the perfect space for relaxation and rejuvenation. One of the standout features of this home is the spacious screened porch with a cathedral ceiling. This delightful outdoor living space allows you to enjoy the beauty of the outdoors while staying protected from the elements. It's an ideal spot for enjoying morning coffee, evening cocktails, or simply taking in the serenity of the surrounding landscape. This home has been thoughtfully updated with an encapsulated crawl space and a newer hot water heater installed in 2022, ensuring your comfort and convenience. Overbrook Shores offers a peaceful and convenient location just minutes from downtown Milton's charming shopping district and the Milton Community Theatre. You are also close to Lewes and Cape Henlopen State Park, where you can enjoy beautiful beaches, hiking, bicycle and walking paths, and excellent fishing opportunities. Embrace all that coastal life has to offer in this fantastic home in Overbrook Shores. Don't miss this opportunity to make it yours!
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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