33
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807 SNIDER LANE
About This Property
MAIN LEVEL: Upon entering, you will be met by a large living room with a large picture window and wood floors under the carpet. The inviting dining room has chair rail and a lighted ceiling fan. The kitchen is spacious and has pretty wood cabinets, granite counters & backsplash, a double sink; refrigerator with ice maker; built-in microwave, dishwasher, electric stove and a lighted ceiling fan. Off of the kitchen is a family room with walls of windows, ceiling fan and a wonderful view of the gorgeous .56-acre level yard which is truly an oasis and includes a picnic area, a deck perfect of enjoying yard games/nature and two sheds - one is very large workshop!
UPPER LEVEL: Continuing a half a flight of stairs to the upper level, you will find a full hall bath with a tub and three sizable bedrooms, each with a lighted ceiling fan.
LOWER LEVEL: The lower level features a great recreation room with plenty of windows and a huge laundry/storage/workshop room with a door leading outside to the side yard.
UPDATES include dryer 2026; roof 2022; microwave 2020; stove 2017; granite counters/backsplash 2015; dishwasher 2013 and some updates to both full bathrooms. There is also a generator hook-up.
No homeowner association!
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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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About Cloverly
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017