520 JANVIER DRIVE
About This Property
Welcome to this beautifully maintained Cape Cod-style home featuring 3 spacious bedrooms, 2.5 bathrooms, and timeless curb appeal. Inside, you'll find a bright and inviting layout, complemented by a brand-new HVAC system (2023) and new stainless steel kitchen appliances (2023)-perfect for modern living. Enjoy cozy evenings in the comfortable living area or entertain guests on the spacious deck overlooking a fully fenced backyard-ideal for pets, play, and gatherings. The full basement offers ample storage and space for a home gym, while the attached 1-car garage adds convenience and extra storage. Tucked away in a quiet neighborhood yet just minutes from all that Middletown has to offer-shopping, dining, parks, and top-rated schools-this home blends comfort, style, and location. Closing to coincide with Seller's move to new construction home, due to be ready at the end of June. Lawn was recently re-seeded. Please don't walk on the fresh grass coming in. Don't miss your chance to own this move-in-ready gem!
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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