635 Raymond Drive
About This Property
Inside, you'll find fresh interior paint, new appliances, and no carpet anywhere - just easy-to-maintain flooring throughout. The layout offers a bright living area and an eat-in kitchen with plenty of cabinet space, making everyday living both functional and comfortable.
Step outside onto the fantastic back deck, perfect for grilling, entertaining, or relaxing evenings under the stars. A 12x12 accessory building adds bonus storage or hobby space, and the extended driveway provides ample parking.
Located minutes from downtown Wendell, local schools, and major commuter routes, this home delivers charm, convenience, and value - all in one neat package. Come see why 635 Raymond Drive is such a great find! You won't find this combination of lot size, condition, and location anywhere in town for this price! #whywendell
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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