553 Pin Oak Drive
About This Property
Nestled on a flat, fenced private lot (.61) with no HOA restrictions, this home boasts a long driveway with ample parking for guests. Step inside to discover an inviting open floor plan that seamlessly connects the main living spaces. A separate dining room is perfect for hosting family gatherings and dinner parties.
The standout feature of this home is the HUGE master suite, complete with separate vanities and an abundance of space for relaxation. Throughout the property, you'll find phenomenal storage solutions to keep your living space organized and clutter-free.
The home also includes a great bonus space ideal for a kid's playroom or an office conveniently located off the laundry room. Enjoy the warmth of the built-in bookcases and a cozy wood-burning fireplace in the living area. The updated kitchen is highlighted by a brand-new tile backsplash, adding a touch of modern style.
Don't miss the opportunity to make this private, spacious, and feature-rich ranch home yours!
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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