6119 MOOREFIELD RD
About This Property
Step into this stunning split-foyer home featuring a thoughtfully designed open-concept main level. The living room boasts elegant crown molding and gleaming hardwood floors that flow seamlessly into the dining room, where you'll find a chair railing, crown molding, and access to a gorgeous composite deck-perfect for entertaining or enjoying a peaceful evening. The updated kitchen is a chef's dream, offering Corian countertops, 42" cabinetry with pullout drawers, a decorative backsplash, stainless steel appliances, gas cooking, and a cozy dining area ideal for morning coffee. Retreat to the spacious main-level primary bedroom with beautiful hardwood floors and dual closets. Two additional bedrooms and a luxurious hall bath with a double vanity and soaking tub complete the main level. The fully finished lower level is a versatile space featuring a cozy family room with a wood-burning fireplace, new carpet, a built-in media setup for movie nights, and a newly updated full bathroom. A fourth bedroom with built-in bookcases and two closets makes for a perfect guest suite or home office. This meticulously maintained home includes major updates such as a roof, HVAC, hot water heater, refinished wood floors, French drain with sump pump, and more. Conveniently located near major commuter routes I-695, I-70, and US-40, this home offers easy access to everywhere you need to go.
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017