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37 Spaulding Lane
About This Property
The private primary suite offers a full en-suite bathroom, creating a relaxing retreat. Sliding glass doors lead out to an inviting deck overlooking the fully fenced backyard--perfect for gatherings, pets, or simply enjoying the outdoors. Beyond the fence, you'll find additional space ready for raised bed gardening or small-scale farming.
Additional highlights include central air conditioning, gleaming hardwood floors, recessed lighting, a paved circular driveway, and an oversized one-car attached garage. The full unfinished basement provides endless potential for storage or future expansion. Enjoy the convenience of municipal water and sewer, along with efficient natural gas heat and hot water. This move-in-ready home offers the perfect blend of comfort, style, and practicality--all in a peaceful setting. Don't miss your chance to make it yours!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017