7051 Idyllwild Lane
About This Property
Step inside to an inviting living room with a cozy fireplace and an open kitchen area offering great everyday functionality. All bedrooms are generously sized, including a primary suite with direct access to the backyard and pool area.
This home has just undergone an extensive renovation, including new paint to interior and exterior, new electrical upgrades (wiring repairs, GFCIs, outlets/switches, lighting, ceiling fans, smoke & carbon alarms) and a new water heater. Interior improvements include new doors, new closet doors, updated hardware, and new baseboards throughout.
The fully updated kitchen features brand-new shaker cabinets, quartz countertops, tile backsplash, new stainless steel appliances, new sink, faucet, hardware, and garbage disposal. Both bathrooms have been thoughtfully modernized with new vanities, sinks, faucets, mirrors, hardware, custom tile shower pan, new toilets, accessories, and more.
Additional upgrades include new vinyl and tile flooring, along with refreshed trim and finishes for a clean, contemporary look.
Step outside to your private backyard retreat offering an in-ground pool and spa, perfect for summer days, gatherings, or quiet relaxation. An attached two-car garage and wide driveway round out this fantastic offering.
With its great location near local parks, schools, shopping, and commuter routes-plus a long list of brand-new improvements-this Riverside gem is truly ready to enjoy.
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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