7 Farmedge Road
About This Property
The finished basement with a separate outside entrance provides valuable additional living space with endless possibilities. Whether you envision a recreation room, home office, den, gym, or guest area, this flexible space offers room to suit your lifestyle. Eco-friendly features throughout the home add comfort and efficiency.
Step outside to enjoy the beautifully maintained outdoor space, featuring a new Trex deck with a retractable awning, perfect for relaxing, entertaining, or enjoying the backyard in any season. The low-maintenance yard includes turf that stays green year-round, offering beautiful curb appeal without the upkeep, along with a 3-zone in-ground sprinkler system. Additional updates include a 2-year-young roof and windows, providing peace of mind for years to come.
Conveniently located near shopping, restaurants, parks, public transportation and major roadways, this home offers both comfort and convenience. With so many updates and features, there is truly too much to list. Don't miss the opportunity to make this beautifully updated Cape Cod your own in one of Bethpage's desirable neighborhoods!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017