4120 SANDCASTLE LANE
About This Property
Three additional generously sized bedrooms, Brand NEW Flooring throughout all levels of the home and new timeless Benjamin Moore neutral paint compliments this lovely home.
The fully finished lower level expands your living space with a large recreation room, a bonus room ideal for a fifth bedroom, home office, home Gym or Guest Suite. Another Office/Den as well or could be used for storage space. Additional features include main level Laundry washer/dryer. Outside, enjoy your own private retreat on your spacious Deck facing mature Trees -- Beautiful setting! - perfect for relaxing or entertaining. Additional highlights include a two-car garage with Brand New Garage Door, Upgraded Replaced Windows throughout. Recent Architectural Shingle Roof, Brand New Water Heater. Upgraded Dishwasher. Perfectly positioned just minutes to Olney's Best Shopping, Dining, Parks, scenic walking Paths, and the ICC. This home offers both everyday convenience and easy commuting if needed.
Don't miss this Rare Opportunity on Sandcastle Lane
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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%.
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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