519 KOCH ROAD
About This Property
The entrance to the house includes a shaded front porch that faces southeast and catches the soft morning light. From the porch enjoy views of private woods and a cared for front yard with gardens and shrubs surrounding the home. As you walk inside you enter into the foyer and living room where your eyes are drawn to the Brazilian cherrywood flooring. This beautiful wood is found throughout the first floor. The back half of the home is one large living area including a spacious kitchen, dining and family room area. The Kitchen has lovely wood cabinetry, freshly updated stainless steel appliances, granite counters, a large pantry and space for a kitchen table. Beyond the dining area is the family room which includes a beautiful mantled gas/propane fireplace. Sliding doors welcome you to enjoy the large deck overlooking the back yard. Just off the family room is the conveniently located entrance to the two car garage with wonderful storage. Upstairs you will find 4 large bedrooms with large closets, as well as a hall bath with two sinks. The primary bedroom features an ensuite bath with shower and separate tub. Laundry is conveniently located in the second floor hall. In the finished lower level there is another large entertainment space with a full bath as well as additional storage space by the newly installed HVAC system. The lower level has a walk out door to the back yard and a second deck for more entertaining space. With vinyl siding and stone on the front facade and a lovely front porch to enjoy, all that is left is to move in. All ring cameras stay with the 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