45 CONCORD DRIVE
About This Property
The main level features a bright and inviting 17' x 13' living room, a separate 13' x 12' dining room with beautiful hardwood flooring, and newly installed carpet in all three bedrooms. The kitchen provides plenty of workspace and opens through a sliding glass door to the rear deck, creating the perfect spot for grilling, entertaining, or enjoying views of the fully fenced backyard.
The finished walkout lower level significantly expands the home's living space with durable luxury vinyl plank flooring (currently being installed), a spacious 30' x 23' family room highlighted by a cozy wood stove and classic brick hearth, and a versatile 20' x 8' den that could easily serve as a home office, guest room, or potential fourth bedroom. A full bath with a tub/shower combination and a dedicated laundry room complete the lower level.
Offering comfortable indoor and outdoor living, flexible spaces, and a convenient layout, this charming rancher is ready for its next owner to make it home.
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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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About Brunswick
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017