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6310 WOODCREST DRIVE
About This Property
On the main level, you'll find a thoughtfully designed layout ideal for everyday living and entertaining. The inviting family room showcases built-in shelving and cabinetry, a dedicated space for TV mounting, and updated flooring. A versatile bonus room-perfect for a home office or flex space-adds to the home's functionality. The kitchen offers a large pantry and flows seamlessly into the dining area, where sliding glass doors lead to the outdoor patio-perfect for gatherings and enjoying the peaceful setting. A convenient half bath and a laundry/mud room with direct access to the two-car garage complete the main level. The exterior features a brick paver patio, a large shed for additional storage, and expansive yard space with endless possibilities. Recent updates include: New Carpet being installed right now, HVAC (2016); windows, gutters, siding, and sliding glass door (2018); garage doors, shed roof, flooring in foyer, half bath, and family room, garage entry door, ceiling fans with lights in all four bedrooms, and custom built-ins (2019); updated half bath (2020); updated primary bath, oven, and dishwasher (2021). The roof has been replaced within the last five years. Bonus opportunity: Architectural plans approved by the health department for a 22x60 addition/in-law suite and an 18x34 garage are available. The property has also been perked for a new septic system by previous owners. Bay Country is known for its picturesque, tree-lined streets that create a natural canopy-perfect for morning walks, evening bike rides, and enjoying the beauty of the outdoors right in your own neighborhood. If you've been looking for space, updates, and a setting that feels like home the moment you arrive, this is the one. Schedule your private tour 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