79 Hapeman Hill Road
About This Property
Very well maintained home, roof just 1 month old, new energy efficient heat pump central air 2024, new expansive Trex deck and railing just installed. New entry door. The floors are so pristine they look newly refinished, Exterior repainted 2025, all Appliances approx 4 years and Driveway repaved 2025. This home lives large, bright ,open and expansive floor plan accommodates all and everyones life style. Open eat in kitchen to Family Room with Fireplace overlooking the very private landscaped backyard. This expansive ranch offers a very useful and versitile 4th bedroom and full bath at the opposite end of the house, which creates the perfect retreat,Nanny or In-Law suite or the very necassary Home Office. The Basement area is open and ready for your imagination,(currently storage and workshop) but could be finished alreay has a fireplace with wood stove incert a HUGE PLUS this past winter. The oversized 2 car garage is conveniently located off the Laundry Room and Lower Level access. The exterior was recently painted and new wood fancing has been add to existing fence as compliment. Do not miss this beuatiful tranquil Ranch house..
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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