7321 PARKVIEW DRIVE
About This Property
This charming ranch-style home in the desirable Eastview community offers a perfect blend of comfort and functionality. The home features a spacious layout with beautifully finished living space across the main level and lower level, highlighted by elegant built-ins, cozy carpeting, and beautiful hardwood floors throughout. The fully finished basement provides additional living space along with ample storage and a dedicated workshop area, while two inviting fireplaces add warmth and character to the home.
Situated on a peaceful 0.48-acre lot backing to parkland, the outdoor setting is ideal for nature lovers. Scenic views of the landscaped yard and nearby lake create a tranquil retreat perfect for relaxing or entertaining. Conveniently located near highly regarded schools, parks, and community amenities, this home offers the best of neighborhood living with easy access to essential services. More than just a house, this property provides a wonderful place to create lasting memories.
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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%.
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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