3486 65th Street
About This Property
The open floor plan offers an inviting living space, featuring an upstairs living room that boasts stunning woodland views. The well-appointed kitchen is perfect for entertaining, and the adjacent formal dining area adds an extra touch of elegance. The primary suite, along with a second bedroom that can easily double as a home office, provides a peaceful retreat. Just a few steps down, the spacious family room, complete with a walkout, offers additional living space and direct access to the outdoors.
Two more bedrooms, a full bath, and a convenient laundry area provide plenty of room for family and guests. The kitchen leads to a two-level deck, ideal for relaxing while enjoying the natural beauty that surrounds the property. With both attached and detached garages, you'll have more than enough space for storage, toys, and vehicles.
This woodland retreat offers the perfect balance of spacious living and tranquil surroundings, all while remaining just a short bike ride from downtown Saugatuck and within walking distance to the golf course. Don't miss out on this rare opportunity to own a beautiful home in such a desirable location!
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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