86 Mahogany Drive
About This Property
Set back from the street with beautiful landscaping & outstanding curb appeal, this home welcomes you through a foyer entry with coat closet. Inside, stunning hardwood floors flow throughout, complemented by abundant storage, generous closets, & charming built-ins. The bright & spacious living and dining room features oversized windows that flood the home with natural light, while the large eat-in kitchen offers plenty of cabinet & counter space for everyday living & entertaining.
Just off the attached garage, you'll find a cozy family room along with an enclosed 3-season sunroom featuring newer windows & newer sliding glass doors overlooking a beautifully landscaped, private backyard-the perfect place to relax, entertain guests, or enjoy your morning coffee.
The massive, exceptionally dry full basement offers outstanding storage & endless possibilities for a recreation room, home gym, workshop, hobby area, or future finished living space. Additional highlights include central air, radiant heat, updated electrical service, & the lasting quality and energy efficiency of all-brick construction-a feature that's increasingly difficult to find. New boiler installed 2019, HWT 2017.
If you've been searching for a move-in-ready ranch in Amherst with Williamsville Schools, no Village taxes, quality construction, abundant storage, & an unbeatable location, this is one you won't want to miss!
Showings begin immediately. Open Houses: Saturday, July 18, 1:00–3:00 PM & Wednesday, July 22, 5:00–7:00 PM. Offers, if any, are due Friday, July 24 at 11:00 AM.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017