3171 Rockingham Way Road
About This Property
The entrance to the home through the beautiful foyer gives you a view of the open floor plan and study on the left and formal dining room on the right.
Kitchen and Great Room are open with fireplace, huge curved island which can sit six people and has an additional small sink and obscure glass door with pantry text and stainless steel appliances. Hardwood walnut floors, 10'' crown molding and 3 zone heating add to the upscale feel of the home. 9 x10 Laundry room with cabinets is very spacious and leads to garage with sliding screen door.
Master suite is gorgeous with a large Jacuzzi tub, bay window, double sink, heated floors and overhead radiant heat in the shower, large walk in closet with sky lights and pull down ironing board. Lower level is nicely finished and plenty of storage . 4th bedroom is non conforming with no closet. Bedroom has egress window.
The back exterior is so breathtaking with the 14x23 ft open covered porch, pillars and waterfall as well as stamped concrete patio. Lush green grass and wooded back lend to a quiet peaceful get away or sitting around the fire pit roasting hot dogs.
Home is very nice, conveniently located on a private road across from the Jackson Country Club course. This home is a must see.
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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