625 BASEHOAR SCHOOL
About This Property
Additionally, Lower Level 1 offers an 11x17 unfinished room with a rough-in for a 3rd bathroom, providing endless possibilities for additional living space and convenience. The potential for expansion continues on Lower Level 2, with a 20x28 unfinished space that could be transformed into even more living area, a home office, or a recreation room. Step outside onto the deck, accessible through the French door off the dining room, and discover a large, very private backyard. It's a perfect spot for family cookouts, gardening, or simply enjoying your coffee in the morning or glass of wine in the evening. This home also offers practical features such as laminate flooring throughout the main and upper levels, ensuring easy maintenance. The roof, a critical component of any home, is just three years old, providing peace of mind for the future. In addition to all these features, the enormous two-car garage with walk-out access and windows adds both convenience and storage options. Home is equipped with a designated panel box for a generator that the weather man says we will need this winter! This lovely home is perfectly located just minutes from the Maryland line, shopping and restaurants. Contact us today to schedule a private viewing and explore all this home has to offer!
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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