49 Maple Drive
About This Property
Set on a large, private property, the exterior offers strong curb appeal with updated siding, an oversized driveway, and an oversized garage. Out back is where this home really delivers-a fully usable yard with a patio, gazebo, above-ground pool, storage shed, and plenty of room to entertain or unwind with privacy.
Inside, the first floor features an open, practical layout with gleaming hardwood floors, a spacious living area, and a kitchen that flows naturally into the main living space with updated stainless steel appliances. Two spacious bedrooms and a recently updated full bathroom complete the first level.
Upstairs offers flexibility that's hard to find-ideal for a potential mother/daughter setup with proper permits, or simply additional living space with two more bedrooms and a second full bathroom.
The full finished basement adds the extra space everyone is looking for-perfect for a playroom, entertaining area, or home setup-plus a utility room and additional storage.
Key features include in-ground sprinklers, updated 200-amp electric, a 2,000-gallon cesspool (recently pumped and treated), and a regularly serviced oil burner. All windows and PVC fencing are recently installed and come with a lifetime warranty. Solar panels provide significant energy savings (lease is transferable and warrantied), with natural gas available at the street for future conversion. Stainless steel appliances included.
Located close to parks, shopping, highways, and the LIRR, with access to town recreational facilities. Low taxes, a usable property, and a flexible layout make this one stand out for today's buyer.
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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 Deer Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017