55 Hillside Road
About This Property
Inside, hardwood floors and natural light create a comfortable flow throughout the main level. The living room is bright and welcoming, offering a great place to relax or gather, while the brand new kitchen brings a fresh, modern feel with white cabinetry, stainless steel appliances, stylish lighting, and a clean, functional layout. Just beyond, the dining room provides a wonderful setting for everyday meals or hosting, with sliding glass doors that lead directly to the deck. This seamless indoor-outdoor connection makes it easy to enjoy morning coffee, summer dinners, or quiet evenings overlooking the backyard.
All three bedrooms are conveniently located on the main level, along with a full bathroom, creating a practical and easy-to-live-in layout. The finished walkout lower level adds 936 square feet of usable space and offers wonderful flexibility for an in-law setup, family room, home office, workout space, or recreation room. Complete with another full bathroom and direct access to the backyard, this level feels like a true extension of the home rather than just bonus space.
With its updated kitchen, hardwood floors, finished walkout basement, two full bathrooms, deck, attached garage, and desirable ranch layout, 55 Hillside Road is a home that feels comfortable, functional, and ready to enjoy! All offers to be reviewed on Wednesday, May 20th at 10am.
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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