7950 HELMART DRIVE
About This Property
Welcome to this spacious and meticulously cared-for 5 bedroom, 3 bath home, showcasing numerous recent upgrades including a new roof, windows, HVAC, water heater, appliances, fresh paint, new carpet, and more! The bright and airy floor plan features inviting formal living and dining rooms, perfect for entertaining. The updated kitchen includes a cozy breakfast area with deck access, a peninsula island for extra prep space, and sleek stainless steel appliances. The family room offers a warm, comfortable gathering space highlighted by a charming brick-surround wood-burning fireplace. A convenient main-level full bath with walk-in shower and a laundry room adds flexibility for guests or multi-generational living. Upstairs, the spacious primary suite boasts a large walk-in closet, vanity dressing area, and an updated en suite bath with an updated walk-in shower. Four additional bedrooms, all with brand new carpet, and a full hall bath complete the upper level. The walkout lower level includes a second laundry area and is ready to be finished to suit your needs, whether it's a home gym, rec room, or extra living space. Enjoy the peaceful setting backing to woods from the refinished deck. A 2-car garage provides ample storage. Located in a sought-after community with fantastic amenities including a swimming pool and sports courts, and just minutes from shopping, dining, entertainment, and major commuter routes, this home truly has it all!
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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.
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About North Laurel
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017