4005 LOWER ROAD
About This Property
A covered porch invites you inside, where you can enter through the warm and welcoming kitchen or the expansive living room. The renovated kitchen features high end cabinetry, granite countertops, slate gray appliances, a cozy fireplace, and a walk in pantry, creating a perfect blend of function and charm. A full bath is conveniently located just off the kitchen for everyday practicality.
The spacious living room radiates character, highlighted by a cast iron pellet stove, built in shelving, and abundant natural light. Large windows framed with original woodwork showcase serene views of the surrounding landscape, while a sliding glass door leads to a generous back deck. This outdoor space offers the ideal setting for entertaining, relaxing, or enjoying your morning coffee overlooking the tranquil Neshaminy Creek.
Thoughtful upgrades ensure this historic home lives comfortably by modern standards. Improvements include two hundred amp electrical service with updated wiring, a newer HVAC system with central air and a heat pump, and a fully waterproofed basement featuring a French drain system, sump pump with battery backup, and moisture protection behind finished walls.
Set on stunning waterfront grounds, this special property includes two tax parcels, expanding both the land and the possibilities it offers. Discover the perfect balance of history, beauty, and convenience in this peaceful creekside retreat.
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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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Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,250 /mo
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$1,500 /mo
- 2 Beds
- 1 Bath
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017