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6213 WHITE OAK DRIVE
About This Property
The main level features a private in-law suite complete with an oversized walk-in closet, luxurious Jacuzzi tub, and separate shower. A second primary bedroom with an en-suite full bath, plus two additional bedrooms and another full bath, provide exceptional flexibility for multi-generational living, guests, or home office space. Convenient main-floor laundry closet next to the in-law suite.
The beautifully updated kitchen features quartz countertops, new flooring (2023), new appliances, an eat-in kitchen area, and an abundance of cabinet space. The formal dining room offers a separate entrance and charming bay window, while the spacious living room features a cozy fireplace and walk-out access to the maintenance-free second-story deck with awesome views overlooking the private backyard.
The partially finished basement adds even more living space with a gas fireplace, powder room, and shower, plus approximately 2,000 square feet of unfinished storage space ready for your personal touch.
Outside, enjoy your own private retreat featuring a spectacular backyard with an in-ground heated pool, hot tub, and a 14x24 waterproof covered patio perfect for relaxing or entertaining year-round. Car enthusiasts, hobbyists, or anyone needing extra space will appreciate the oversized detached 2-car garage in addition to the attached 1-car garage. Additional features include a workshop shed with electric, separate pool shed, and the convenience and peace of mind of a Generac whole-house backup generator.
A truly unique opportunity offering space, comfort, flexibility, and outdoor living rarely found in the neighborhood!
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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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About Spring Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017