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3048 Timothy Road
About This Property
The Large Bedrooms Are Generously Sized, With The Primary Suite Featuring An Oversized Closet And A Private En-Suite Bathroom For Added Privacy And Convenience. The Full Finished Basement Offers Additional Space That Can Easily Be Used For Recreation, A Home Office, Or Extra Storage, With Laundry & Cedar Closet!
Featuring Central Air Conditioning, Gas Cooking, And Gas Heat, This Home Ensures Year-Round Comfort. The Beautifully Landscaped Backyard Is Enhanced With Pavers, Trex Decking & Fully Fenced, Offering A Perfect Spot For Outdoor Dining Or Relaxation. A Charming Front Porch Adds Curb Appeal And Provides A Welcoming Entrance To The Home.
Ideally Located, This Home Is Down The Street From Parks, Beaches, And Bellmore Train Station, Offering Easy Access To NYC! With A 2 Car Garage And Elegant Colonial Style Architecture, This Property Is A True Gem, Combining Space, Style, And A Fantastic Location. Don't Miss The Chance To Make It Yours! - Interior Square Footage Is Approximate
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Cap Rate Calculator
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