308 FALLSWORTH PLACE
About This Property
Nestled in the sought-after Deerfield neighborhood on a quiet cul-de-sac, this lovingly cared-for 4-bedroom, 3.5-bath colonial is ready for its next chapter. With only one owner, this home has been meticulously maintained and thoughtfully updated over the years.
Step inside to gleaming, freshly refinished hardwood floors that flow throughout the main level. The traditional layout features a formal living and dining room, perfect for entertaining, along with an eat-in kitchen complete with a center island that opens seamlessly to the spacious family room-ideal for everyday living and gatherings.
Step outside and enjoy exceptional outdoor living on the no-maintenance deck, overlooking a large, fenced backyard-a perfect space for play, pets, or relaxing evenings.
Upstairs, you'll find four generously sized bedrooms, including a spacious primary suite featuring a walk-in cedar closet and a luxuriously updated en-suite bath with a walk-in shower.
The basement includes a full bath and offers an open canvas-ready to be finished into a rec room, guest suite, gym, or whatever suits your lifestyle.
Close to schools, parks, shopping, and commuter routes.
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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