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715 Church Road
About This Property
The kitchen has been beautifully updated and serves as the heart of the home. It overlooks the backyard, offering abundant hickory cabinetry, and is anchored by a center island, topped with granite- perfect for gathering. Just off the kitchen, step out to the pressure-treated deck and take in the peaceful surroundings ideal for morning coffee or unwinding at the end of the day.
Inside, oak hardwood floors add warmth and character, complemented by a bright full bath and a convenient first-floor half bath. The living space flows naturally into a spacious living & family room with a glass door to the backyard, creating an easy, functional layout for both everyday living and entertaining.
Upstairs, the primary bedroom offers an added opportunity with direct access to a walk-up attic, providing clear potential for future expansion, a home office, or a private retreat. Please note that the garage is partial and for storage.
Homes offering this combination of land, updates, and potential at this price point are few and far between. Come see it today! *Seller requires post-occupancy until the middle of August.*
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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