6442 SNUFFBOX TERRACE
About This Property
Sought-after Contemporary style home in the Village of Hickory Ridge, combining tasteful, modern upgrades and substantial updates, all offered in an open floor plan where spaces flow seamlessly. The completely renovated and spacious kitchen conveniently connects to both the family room and dining rooms, with stunning white cabinetry, gorgeous granite counters and breakfast bar, designer tile backsplash, and stainless steel appliances. The gleaming no-seam hardwood floors flow throughout the main level living areas, to the upper level hallway and owner's bedroom. The owner's suite offers a charming window seat, skylight, and gorgeous attached bath that has been beautifully renovated from top to bottom. Three other generously sized bedrooms, and a second beautifully renovated bath with double quartz vanity complete the upper level. Updates include: New hot water heater (2023), replaced roof with architectural shingles (2015), and high-end Andersen replacement windows and sliders (2015). This lovely home offers peaceful living, with abundant upgrades to enjoy on the interior, and multiple private, serene spaces to relax on the exterior, with gorgeous treed and landscaped views.
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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 Columbia
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017