33501 PROSPECT ROAD
About This Property
As you step inside, you'll immediately feel the warm, inviting vibe that makes this house a home. The open layout is perfect for entertaining, and the cozy living areas are just begging for movie nights and laughter-filled gatherings.
But the real showstopper? Those stunning lake views! Imagine sipping your morning coffee on the porch while soaking in the beauty of nature all around you. Whether it's a peaceful morning sunrise or a breathtaking sunset, you're going to love the scenery here.
The property also boasts a two-car garage and a large barn with electricity & water. These features give you plenty of space for hobbies, storage, or even a little farm life if that's your dream. You can rest easy knowing that maintenance is one less thing to worry about. This 2008 Craftsman Block home features a NEW ROOF, AC is 2 years old, HardiPlank Cement Siding, and High-Quality Anderson Windows.
And let's not forget about privacy! You'll feel like you're in your own little world, surrounded by nature, yet still just a stone's throw away from the nearby amenities of town.
This home isn't just a place; it's a lifestyle waiting for you to embrace it. Come see it for yourself and imagine all the wonderful memories you could create here!
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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