5281 Crane Road
About This Property
Looking for the perfect retreat from city living? This delightful 3-bedroom, 1.5-bath Cape Cod is full of character and charm. The inviting living room features a cozy wood-burning fireplace, while the formal dining room with cove molding adds classic elegance. The spacious kitchen has been updated with new counters and sink, and a first-floor primary bedroom completes the main level. Upstairs, you'll find two additional bedrooms and a full bath. The finished basement offers a versatile space for hobbies or a rec room. Relax on the large covered side porch rain or shine, then step outside to enjoy the lush 1-acre lot with fruit trees (pear, peach, cherry, apple), raised garden beds, and a greenhouse-perfect for any gardener. Backs to Hickory Woods Park so you will never have neighbors behind you. Call today to schedule your private showing!
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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