24
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390 Stonecrop Road
About This Property
The primary En-suite has a 10' step ceiling, double sink vanity and 2 walk-in closets.
The open concept floor plan offers a great room with a gas fireplace and a spacious dining/eating area both with 13' ceilings! Hardwood floors throughout. Ample closets and storage. Natural light abounds throughout the living space.
An open ended kitchen allows for easy flow and a full view of the living space for ease of entertaining. A bright and airy sunroom leads out to the backyard surrounded with mature plantings and a stone patio.
The unfinished basement is 1889 Sq. Ft. and has the required egress for potential rec/living space with proper permits. Attached 2-car garage for direct access to the house and the laundry room.
The community center offers a clubhouse with an exercise room, game room and a kitchenette. There is also tennis/pickleball court and an inground heated pool.
Conveniently located to all the North fork has to offer...fine restaurants, several golf courses and clubs, shopping, wineries and breweries, farm stands, LI Sound beach and Peconic Bay beach.
2% CPF Tax applies.
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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