5235 ELWOOD ROAD
About This Property
The master suite serves as a private retreat, featuring dual sinks, two spacious walk-in closets, a tub, and separate shower. Two additional bedrooms provide ample storage, with the second bedroom including a bonus space with its own private entrance, perfect for a college student or to use as an in-law suite.
Situated on a desirable corner lot, the property boasts mature plants and beautiful landscaping. The outdoor living area is truly exceptional, featuring a sparkling pool with a cage and a covered space for grilling or seeking shade, ensuring endless enjoyment for you and your guests.
Call now and make an appointment to see this lovely home! Roof 2011, HVAC 2020
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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 Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017