559 CHESTNUT TERRACE
About This Property
Step inside to a bright, fresh interior featuring new flooring, new windows, fresh paint throughout, and a brand-new HVAC system. The completely renovated kitchen is a standout, offering a fresh new look and a functional space for everyday living, entertaining, and gathering with family and friends. All bathrooms have also been completely updated, giving the home a clean, refreshed feel throughout.
The primary bedroom and en suite bathroom are truly an amazing space, creating a private retreat within the home. The spacious primary suite offers plenty of room to unwind, while the beautifully updated en suite bathroom completes the space. With three additional bedrooms, there is plenty of flexibility for family, guests, a home office, or whatever best fits your needs.
And just wait until you step outside! The large backyard offers plenty of room to enjoy, entertain, and make the space your own. At the center of it all is the in-ground pool and is ready to enjoy! Whether you are hosting summer gatherings, spending weekends by the pool, or simply relaxing in your own backyard, this outdoor space has so much potential.
Adding even more convenience is the pool shed with its own half bathroom, so there is no need to run through the house while enjoying the pool. The shed also provides plenty of additional storage for pool equipment, outdoor furniture, and more.
With extensive renovations already completed, a spacious primary suite, one-floor living, a large yard, and an in-ground pool, this Vineland home offers a combination that can be hard to find. Pack your bags, grab the pool floats, and get ready to enjoy your new home!
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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