Beautiful Split-Level Home with Spacious Living Areas and
Exceptional Indoor-Outdoor Living Welcome to this beautiful
split-level home, thoughtfully designed to offer distinct living
spaces while maintaining a comfortable and seamless flow
throughout. With its inviting atmosphere, functional layout, and
desirable indoor-outdoor living features, this home is perfect for
both everyday living and entertaining family and friends. The first
level features three bedrooms and a fully renovated bathroom,
providing comfortable accommodations for family members, guests, or
a home office. This level also offers convenient access to the
attached garage and laundry area, adding practicality and ease to
your daily routine. As you explore the home, you will discover a
stunning main living room highlighted by soaring vaulted ceilings
that create an open, airy feeling. A cozy gas fireplace serves as
the focal point of the room, providing the perfect setting for
relaxing evenings and gathering with loved ones. The formal dining
room offers an inviting space for hosting special occasions,
holiday dinners, and memorable family gatherings. The home also
features a comfortable primary bedroom with a beautifully renovated
en-suite bathroom, creating a private retreat where you can unwind
and recharge. A separate family room provides additional living
space, offering flexibility for movie nights, casual gatherings, or
simply enjoying quality time together. The renovated kitchen
combines style and functionality, creating an appealing space for
preparing meals and entertaining. Adjacent to the kitchen, the
everyday dining area provides a convenient spot for family meals
and casual conversations. With direct access to the backyard, this
area creates a wonderful connection between indoor and outdoor
living.
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.
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