3721 BOYINGTON DRIVE
About This Property
The main level showcases an open and inviting layout complete with granite countertops, stainless steel appliances, and plenty of space for entertaining or everyday living in a open concept. Upstairs, the luxurious primary suite features a custom-built closet upgrade, creating both elegance and convenience. The beautifully finished basement adds even more versatile living space perfect for a recreation room, home office, gym, or guest area.
Step outside and enjoy the recently added back deck (2024), ideal for relaxing or hosting gatherings, along with a fully fenced backyard offering privacy and space to enjoy the outdoors. One of the standout features of this property is its premium lot location being one of the few homes in the community that does not back up to other homes, providing additional privacy and open views. Completing the home is an attached garage and charming front porch that add both convenience and curb appeal.
This move-in ready home combines modern finishes, valuable upgrades, and an unbeatable community location a true must-see!
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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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About Jefferson
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017