5785 W FALLS RD
About This Property
Upstairs awaits the luxurious owners' suite that invites you to relax and unwind in the sitting room and offers more peaceful views of the backyard. The spa-like bathroom includes a soaking tub, separate shower, separate vanities, water closet and linen closet. You'll absolutely love the walk-in closet with built-in California Closet system so you can gets dressed in style, and there's also a second large closet. There are three additional generous size bedrooms with one featuring a private on-suite bath and another featuring 2 dormers and 2 walk-in closets. The hall bathroom and upstairs laundry complete the upper level. The expansive basement is a blank slate to customize to your personal use and features tall ceiling height, rough-in for future bathroom, and exterior door to the side yard.
The backyard oasis is complete with a handsome paver patio with retaining wall and soothing boulder water feature with fountain. The paver sidewalk continues to the rear garage door and driveway where there's plenty of room for parking and NO HOA so your trailer, boat, RV, and recreational toys are welcome! This quiet and peaceful setting offers quick access to downtown Mt Airy, shopping, dining and <4 miles to I-70! Pristine homes like this don't come available very often, so don't delay, call to schedule your private showing today!
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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