3533 Rt-91
About This Property
Extensively renovated from top to bottom, this home is practically brand new. Recent improvements include all-new siding, windows, exterior and interior doors, updated plumbing and electrical systems, a new mini-split heating and cooling system, new blown-in insulation, a new pressure tank, and a new hot water heater. The stunning new kitchen features hard-surface quartz countertops, stainless steel appliances, and modern finishes, while both bathrooms have been completely remodeled. Additional upgrades include new flooring and carpeting throughout, a new garage floor, and a beautiful rear deck with a tongue-and-groove ceiling and recessed lighting.
Located just minutes from the villages of Jamesville and Fabius, you will enjoy easy access to Jamesville Beach Park, Highland Forest, Labrador Hollow, and all the shopping, dining, healthcare, and entertainment that the greater Syracuse area has to offer.
Whether you are looking for your first home, a turnkey country property, or simply more space to enjoy Central New York living, 3533 County Route 91 offers a rare opportunity to own a like-new home on 2 private acres without the cost of new construction.
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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