7817 FAULKNER RD
About This Property
Inside, the home boasts an impressively spacious layout, highlighted by a grand 2-story foyer with gleaming hardwood and LVP floors. The bright and open living area flows seamlessly into the kitchen and dining area, which leads out to a fantastic 2-tiered deck overlooking a pristine private fenced backyard with a gorgeous screened-in patio yard that creates a serene, country-like atmosphere.
This home has been updated with everything you need, including brand-new bathrooms, windows, sliding glass doors, LVP flooring, fresh paint, and much more. With 9-foot ceilings and windows at every corner, the home is filled with natural light, while modern recessed lighting and stylish fixtures make the home feel warm and inviting in the evenings. The sleek gas kitchen features a new quartz island and countertops, a stunning tile backsplash, new stainless steel appliances, and custom cabinetry that will inspire the chef in you.
Additional highlights include a large primary bedroom with a walk-in closet and elegant ensuite, a main-level laundry, a finished basement with an additional bedroom and full bath, and a secure 2-car garage and driveway. With its pristine condition, wonderful community, and thoughtful upgrades, this is the ideal family home. Step inside and imagine your new lifestyle here!
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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