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64 OAKTON DRIVE
About This Property
The updated first-floor half bath features a modern vanity and fixtures. The large primary bedroom includes a ceiling fan and double closets. The updated primary bath features a rectangular ceramic tile shower surround with glass mosaic accents, a modern vanity, and updated fixtures. Two additional bedrooms are generously sized and offer ample closet space. The entire home is painted in a modern neutral color palette that will easily complement any decor style. Additional updates include a newer roof and HVAC system.
The finished basement, complete with recessed lighting, is ideal for a lower-level family room, home office, hobby or craft room, home gym, game room, movie room, children's play area, or man cave. The unfinished portion provides plenty of additional storage space. Outside, you'll enjoy a large deck off the kitchen, a fully fenced flat backyard, a covered front porch, a one-car garage, and a two-car driveway. This 100% move-in ready 3-bedroom, 2.5 bath, 1,408 SQFT single-family home in Woodstream, complete with a finished basement and fully fenced flat backyard, deserves a reservation at the top of your must-see list!
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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