39 W Pine Road
About This Property
Charming and move-in ready, this delightful 2-bedroom, 1-bath Craftsman-style cottage offers comfort, character, and thoughtful updates throughout. The home features a welcoming screened porch and a three-season sun porch, perfect for relaxing or entertaining.
Inside, the open-concept kitchen, dining, and living area centers around a cozy wood-burning fireplace, creating a warm and inviting gathering space. Beautiful custom built-ins and solid wood interior panel doors showcase classic craftsmanship, while the updated bathroom includes a custom vanity. The kitchen boasts stainless steel appliances and a 3-year-old stove.
Practical updates include a 4-year-old furnace, a 2-year-old roof, metal-trimmed exterior windows, and new Bilco doors and stairway. Enjoy the natural beauty of the fenced-in backyard surrounded by mature trees - ideal for pets, gardening, or outdoor gatherings. Two sheds provide lots of storage to house tools and equipment. With durable cedar siding, this charming home blends timeless style, modern convenience, and peaceful surroundings.
Don't miss this opportunity to own a lovingly maintained, ready-to-move-in cottage in a quiet neighborhood!
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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