3528 STANSBURY MILL ROAD
About This Property
* Refinished, gleaming, red-oak hardwood floors welcome you upon entry* The upper level features a bright and spacious living room with over 250 sq ft of living and abundant natural light* A separate dining room flows to an updated eat-in kitchen with granite countertops and stainless-steel appliances* Down the hallway there are three bedrooms and an updated full bath*
The lower level includes a comfortable family room with a wood- burning fireplace with more natural light coming through the two front-facing windows* An additional finished room measuring approximately 20' x 12' offers flexible use as a potential fourth bedroom, home office, playroom or hobby space* There is a convenient half bath nearby in the hallway that leads to the two car garage* This is an estate sale and is selling as-is * No repairs will be made by the sellers* The home has been well maintained by its single owner and is very good structural and mechanical condition, offering a solid opportunity for your personalization !
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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