5223 HYDES ROAD
About This Property
Set on a 0.84-acre lot backing to open farmland, this Cape Cod home offers peaceful rolling countryside views in the Hydes subdivision. Recent updates include a new roof, updated kitchen, fresh interior paint, new carpet, and some new windows. The main level features hardwood floors, a comfortable family room with fireplace, a combined kitchen and dining area, and a main-level bedroomand bathroom. The upper level features 2 additional bedrooms and a 2nd bath. An unfinished full basement provides ample storage or potential for future use. A crushed stone driveway offers parking for multiple vehicles. Enjoy a private, scenic setting with the convenience of nearby amenities.
Seller prefers an as is sale.
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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