5141 Spring Creek Road
About This Property
Step inside to discover durable laminate wood flooring throughout the home and a spacious living area centered around a cozy wood-burning fireplace. The well-appointed kitchen comes complete with a dishwasher, range, and microwave, making meal preparation a breeze. The versatile floor plan includes a dedicated home office, providing the ideal space for working remotely, studying, or pursuing hobbies. The private primary suite and split-bedroom arrangement offer comfort and functionality for families or guests alike.
Outside, enjoy the fully fenced backyard with plenty of room for pets, play, or outdoor entertaining. Additional features include a two-car garage, city water and sewer, a Nest smart thermostat, and a Ring camera system that will remain with the home.
Conveniently located near schools, shopping, dining, and everyday amenities, this move-in ready home offers the perfect combination of comfort, convenience, and value. Don't miss your opportunity to make this gem your next 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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017