4704 BAUGHMAN MILL
About This Property
The 3-bedroom, 1.5-bath split-level home is comfortably livable and ready for your vision. A light-filled living room with new carpet and a fireplace opens to the upper front deck-perfect for taking in the scenic views. The eat-in kitchen features a newer dishwasher (2023) and stove (2019), and a separate dining room offers space for gathering. All bedrooms are on the main living level and include ceiling fans for added comfort. Downstairs, the full basement offers flexible bonus space: a private office or potential 4th bedroom with its own entrance, plus a recreation room with a wood-burning fireplace offers plenty of space for comfortable seating plus a game table such as pool or ping pong. Major system updates provide peace of mind, including a geothermal heating and cooling system, 21" of added insulation, a whole-house water filter, a newer washer and dryer, and a new hot water heater. Outside, the detached barn style oversized two car garage has a unique space above ideal as a studio, workshop or future guest room. Let the recently resurfaced asphalt driveway be your path to peaceful living. Whether you're ready to settle in and enjoy the serene surroundings or invest in the future, this property offers the perfect blend of land, location, and limitless potential.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017