5730 Mount Olive Road
About This Property
This beautifully renovated, custom-built home sits on 1.22 acres of peaceful, versatile land, offering space to spread out and endless possibilities. Start your mornings with coffee on the wraparound porch and unwind in the evenings as the sun sets from the covered back porch; the perfect backdrop for everyday living or entertaining.
Step inside to a bright, welcoming main living area featuring soaring ceilings, fresh paint, and new LVP flooring throughout the main spaces. The open flow leads seamlessly into the dining area and kitchen, where stainless steel appliances, granite countertops, and abundant cabinetry create a functional yet stylish heart of the home. The generously sized primary suite is thoughtfully positioned just off the kitchen and offers new carpet, a tray ceiling, and a spacious walk-in closet. The ensuite bath is equally impressive, featuring a double vanity, walk-in shower, and a second walk-in closet with custom built-in shelving.
A split floor plan provides privacy, with two additional well-sized bedrooms and a fully updated guest bathroom located on the opposite side of the home.
Outside, enjoy an expansive fenced backyard complete with a detached garage with roll-up door and a separate carport; ideal for vehicles, hobbies, or storage. Major updates include a new roof and hot water heater in 2024, offering peace of mind for years to come.
This move-in-ready home blends comfort, functionality, and space; all in a serene setting you'll love coming home to.
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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