8211 LONGPOINT ROAD
About This Property
Beautiful hardwood flooring flows throughout the main living areas, beginning with the spacious living room featuring a large window that fills the space with natural light and opens seamlessly into the kitchen and dining area. The kitchen offers wood cabinetry, light countertops, tile flooring, and stainless-steel appliances, including a gas range and built-in microwave.
Just off the kitchen, the convenient laundry room provides added functionality and outdoor access to both the front yard and rear deck. The bright dining and breakfast area overlooks the surrounding outdoor space. Two additional rooms on the main level offer endless possibilities, including use as bedrooms, a family room, a home office, or a den. There are two full bathrooms on the main level as well.
Upstairs, the hardwood flooring continues throughout the bedrooms and hallway, with spacious rooms featuring multiple windows, ample natural light, and comfortable layouts. The bedroom includes a generous mirrored-door closet, and the upper-level half bathroom provides convenience with a practical layout. Additional hallway storage adds everyday functionality.
Enjoy outdoor living on the spacious rear deck, overlooking the fully fenced backyard with mature greenery and established landscaping, creating a private setting for relaxing, entertaining, gardening, or outdoor activities. A storage shed/garage/workshop provides additional space for tools, hobbies, or equipment, while the paved driveway offers convenient off-street parking. With its inviting layout, classic hardwood flooring, flexible living spaces, abundant natural light, and appealing outdoor areas, this home provides a comfortable and versatile place to call home.
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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 Dundalk
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017