37218 BAILEY HILL ROAD
About This Property
Outdoor Features include
Large Heated Pool and Hot tub/Spa just remodeled, resurfaced, New Pebble tech finish with Glass tile and Paver coping (2025), All new Jandy Equipment and Rheem pool Heater (2025). Huge Pool Deck space, Completely Screened in.
New Well system (2025). 1-acre lot with NO Homeowners Association. The 1 Acre Lot includes Multiple Access points, both front and Rear of the property. Fenced-in Property with both Wood and Vinyl. Additional Storage Shed and 12x16 Metal Gazebo with private fenced-in yard and Pavered Patio, walkway. Plenty of Space for Storage trailers, RVs, etc, or to add additional Sheds/Workshops. Extension Pavers and Landscaping around the Property, including concrete curbing and slate rocks. Extended parking area. Don't miss this Amazing Property. Clean and Move-in Ready
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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