42 Butrick Road
About This Property
Move right into this renovated and turn-key ranch with three bedrooms and one full bathroom in Swan Lake. The house features 960sf, plus an unfinished basement with a washer/dryer hookup and plenty of space for storage. Recent updates include new flooring, trim, and paint. Relax on the covered front porch or inside by the wood stove in the sunroom. The house sits on spacious, fenced-in 0.83-acre lot with tons of yard space. There is a long stone driveway and a large, insulated shed.
The house is conveniently located right between the shopping hubs of Liberty & Monticello, offering stores such as Walmart, Shoprite, Tractor Supply, Home Depot, Ace Trading Post, Old Navy, Marshalls, and Walgreens. Major attractions including Bethel Woods, Resorts World Catskills, Kartrite Indoor Water Park and Monster Golf Course are all under 20 minutes away.
Whether you are looking for a full-time home, weekend getaway, or to start a short-term rental, this house checks a lot of boxes!
Affordable houses in good condition are hard to find, come check this one out today!
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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