7 Quogue Avenue
About This Property
Welcome to this delightful 4-bedroom, 2-bathroom Cape Cod-style home nestled in a serene neighborhood in Riverhead. With its classic design and inviting curb appeal, this home offers a perfect canvas for your personal touch.
The main floor boasts a spacious living area, a cozy kitchen, and two generously sized bedrooms, while the upper level features two additional bedrooms filled with natural light. The finished basement provides versatile bonus space, ideal for a home office, gym, or recreation area.
Step outside to a large backyard-perfect for entertaining, gardening, or simply relaxing. This home needs a little TLC, but with some updates, it has incredible potential to shine as your dream home.
Conveniently located near shopping, dining, and local attractions, this property is a fantastic opportunity for those looking to customize and create a space uniquely their own. Don't miss out-schedule your showing today!
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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