37 Marc Drive
About This Property
Inside, the home features 3 bedrooms, 1.5 baths, a living room with fireplace, formal dining room, updated kitchen, cozy den, and dedicated office space. The layout gives you the flexibility buyers are looking for today - room to entertain, work from home, relax, and enjoy everyday life comfortably.
Outside, the private yard and patio offer excellent space for outdoor dining, summer barbecues, pets, play, and quiet evenings at home. Located in Ridge, within the Town of Brookhaven, this home is close to local parks, shopping, dining, schools, and major Suffolk County roadways, making it a strong option for buyers looking for a well-maintained single-family home on Long Island.
A classic Colonial with thoughtful updates, great outdoor space, and a welcoming feel - this is the kind of home that stands out.
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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