33 Tanglewood Circle
About This Property
Inside, you'll find a thoughtful floor plan with the primary bedroom located downstairs and two additional bedrooms upstairs. The upstairs bathroom has been beautifully updated, and the home itself features many recent improvements. Hurricane-rated windows, a newer roof, fresh carpeting, and fresh paint throughout most of the home give it a modern and well-maintained feel. Other updates include a new water heater, HVAC system, sprinkler pump, and even an EV charger installed in the garage. The large backyard is a standout feature, offering both privacy and charm with new fencing, raised garden beds filled with organic soil, perennial landscaping, and two rainwater catch systems.
Located in a neighborhood with friendly neighbors, this home has only had two owners in its lifetime, a reflection of the care and pride of ownership it has enjoyed. With its prime location close to both Air Force bases, its numerous updates, and its inviting outdoor space, 33 Tanglewood Circle is ready to welcome its next chapter.
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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