4510 MUNCASTER MILL RD
About This Property
Gorgeous 4-season sunroom with cathedral ceilings and deck, overlooking the spacious backyard. You have the ideal entertaining floorplan with an open living space from the sunroom to the eat-in kitchen, dining room, half bath, and cozy family room with a fireplace. Invite everyone over, and proudly host Thanksgiving dinner! Large main-level home office with French doors makes it easy and enjoyable to work from home.
Upstairs, we have the large master suite with an adjoining sitting room/ nursery/ office. This bonus room can easily be converted to a 5th bedroom! On the opposite end of the hall is the HUGE 4th bedroom with 2 skylights and a walk-in closet.
The bright walk-out lower level is the perfect basement with a large open rec room, a separate wet bar area, a half bath, and a workshop/ storage room. Walkout to the covered private patio and yard. 2-car attached garage, plus an extended driveway for additional parking. NO HOA restrictions! Easy access to major commuter roads.
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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%.
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