837 Quail RUN
About This Property
Beautiful wood floors add warmth and beauty. Bathrooms and one bedroom feature new plank-look vinyl flooring. The light, bright, kitchen features white Shaker style cabinets, under-counter lighting, stainless steel appliances, granite counter tops with coordinating tile backsplash, and a Breakfast Bar. Adjacent to the kitchen is a large, open dining room.
The dining room is perfect for large gatherings. The primary suite is spacious and bright, with a walk-in closet and sliders to the patio and back yard. The bath has a stand-alone shower. Bedroom #2 has ample room for family or guests to enjoy and is across from the guest bathroom, which features a shower / tub combo. Bedroom #3 is being used as an office and has an unfinished closet. The owners have made numerous updates, giving this unique residence an attractive, contemporary look. You'll love spending summer evenings in the large screened porch, overlooking the oversized, fenced yard. The yard is a great space for cook-outs, large gatherings of family and friends, and a wonderful space for children and pets to play. It has endless possibilities, including room for a pool! Enjoy living on a private cul-de-sac, in the heart of Ormond, close to eateries, schools, shopping, beaches, universities, and beaches. Don't wait on this one! once you've seen this home, you'll want to make it your own.
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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