7216 WILSON ROAD
About This Property
Lovingly cared for by the original owners, this home is in excellent condition and move-in ready. Inside, you'll find newer hardwood flooring that spans the entire main level. Off the foyer, the spacious living and dining rooms sit on either side; the living room is currently used as a home office, while the formal dining room is perfect for hosting holidays and special occasions.
The open-concept family room and kitchen create a welcoming space for everyday living. The family room features a charming brick gas log fireplace and sliding doors leading to the rear deck. The kitchen boasts granite countertops, newer appliances, and a large island with seating. A convenient half bath completes the main level.
Upstairs, the generous primary suite includes a large walk-in closet and an en-suite bath with a jetted tub and separate shower. Three additional well-sized bedrooms and a full hall bath provide plenty of space for family or guests.
The finished lower level offers a spacious recreation room with a wet bar and a second brick gas log fireplace-perfect for gatherings or movie nights. A bonus room connects to a full bathroom and could serve as a guest room, office, or gym. The large laundry/storage room also includes a walkout to the backyard.
Outside, the expansive deck-updated in 2022 with composite decking and vinyl railings-is ideal for grilling, outdoor dining, and enjoying the peaceful surroundings. The backyard offers endless possibilities for hobbies and recreation.
Conveniently located just minutes from I-70, shopping, and dining, this home offers the perfect balance of privacy and accessibility.
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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