682 SEVILLE Parkway
About This Property
Backing up to a conservation area, the spacious backyard oasis is fully fenced and features a large paver patio with an amazing pergola and built-in firepit. There is even more than enough room for a pool, playset or both! You will even notice that the AC unit was moved to an outside wall and away from the windows!
As you enter you will be stuck by the spacious layout and vaulted ceilings. Your guest bedrooms, guest bathroom and laundry room are all at the front of the home. High quality fans can be found in every room along with rocker light switches and lever door handles. Next you walk into the great room and kitchen area. This open concept is perfect for family gatherings or entertaining. The kitchen has granite countertops, 42" cabinets and a large island that can serve as a breakfast area or for kitchen prep. The dishwasher has been upgraded and is super quiet! The large primary bedroom features a tray celing, his and her walk-in closets and a large primary bath.
The home also includes a widened driveway, a large Maytag water treatment system and a more efficient water heater that works off the AC, which cools the garage while it's working! Finally the entire interior of the home was repainted and it even comes with solar panels! What more can you ask for? Visit, fall in love, make an 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