5840 MOUNTAIN ROAD
About This Property
You will Love the Expansive Living Area that Includes a Lovely Kitchen with an Island . The Kitchen Blends into the Enormous Dining Room where you will Enjoy Hosting Family Meals and Holiday Parties (the Gorgeous Dining Room Table and Chairs Stay with the Home!) Imagine Having a Cozy Wood Burning Fire in the Fireplace in the Great Room during the Winter or Curling up in the Living Area in front of the Electric Fireplace. You Decide! On the Main Floor there is a Large Bedroom with Access to Two Decks (again You Decide!) and a Bonus Room that can be used as an Office or for Storage. There is a Full Bathroom on the Main Floor with a Laundry Area Attached. On the Second Floor You will Find a Large Primary Bedroom with Two Closets and a Full Bathroom with a Tranquil Soaking Tub. There is another Large Bedroom with Two Closets as well.
You will Love the New Tile Flooring on the Main Floor and the New Carpet on the Stairs and Brand New Flooring on the Second Floor! The Deck has also been Freshly Painted and it looks Fantastic! A New AC Unit was Installed in 2017 and the Well Pump was Completely Replaced in May 2023.
Schedule your Showing Today to See this Wonderful 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