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7062 Wolff St
About This Property
Welcome to the 4-bedroom, 2-bathroom Ranch home located in a peaceful neighborhood in Westminster, conveniently located with easy access to highways and shopping plazas. No HOA gives flexibility of a lifestyle.
The main floor features two spacious bedrooms and a full bathroom, and wood floors throughout add warmth and character to the living space.
Heading downstairs to the basement, you'll find another bedroom and a second non-confirming bedroom that can be used as a home office or flex space. The basement also includes a 3/4 bathroom, perfect for accommodating guests or family members. Additionally, there are two bonus rooms that can be customized to suit your needs, whether it be a playroom, entertainment area, or a home gym.
This home boasts several updates, including recently replaced windows (approximately 9 years ago) that enhance energy efficiency and curb appeal. The kitchen was remodeled just 5 years ago, providing a modern and functional space for cooking and entertaining. A new oven/range has also been installed to meet all your culinary needs.
Outside, you'll find a convenient one-car carport for covered parking and additional storage. The spacious backyard offers opportunities for outdoor enjoyment, gardening, or even creating your own oasis.
This can be a great home or investment property!
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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