48 GILCHRIST Way
About This Property
Welcome to the home you've been waiting for! This beautifully maintained property features brand-new carpet and interior paint, tile grout freshly sealed and includes a washer, dryer, water softener and refrigerator-making it truly move-in ready.
You'll be greeted by a charming rocking chair front porch, and enjoy a newly landscaped, fully fenced backyard-perfect for relaxing or entertaining. Inside, charm and thoughtful design are evident in every corner. The open, efficient floor plan makes the most of every square foot, while the dedicated office-with elegant French doors-is ideally located at the front of the home for added privacy. Located in the desirable Shearwater community, you'll enjoy resort-style amenities including a water park with lazy river, state-of-the-art fitness center, scenic walking trails, dog park, playground, and a stunning clubhouse. All of this is paired with top-rated schools.
Don't miss your chance to call this gem 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017