8610 Wickline DRIVE
About This Property
The heart of the home is a well-appointed kitchen, complete with modern appliances and ample counter space. The adjoining open dining area is perfect for hosting family gatherings and dinner parties. The cozy living room provides a relaxing space to unwind after a long day.
This home boasts three generously sized bedrooms, providing plenty of room for family members or guests. The master suite is a true retreat, featuring a private en-suite bathroom for added convenience. The additional bedrooms share a stylishly appointed second bathroom.
Step outside and discover the expansive backyard, complete with a detached workshop – a haven for DIY enthusiasts or a perfect space for extra storage. The fenced yard ensures privacy, creating a secure environment for pets and children to play freely. A charming picnic table area invites you to enjoy outdoor meals and create lasting memories with friends and family.
The screened back patio offers an ideal spot to enjoy your morning coffee or unwind in the evening while overlooking the lush surroundings. A BONUS room with a separate entry provides endless possibilities – use it as a home office, guest suite, or studio. Perfect for in-laws, college kids or roommates.
Notable features include roof and major appliances that are all 5 years old or newer, ensuring peace of mind and minimizing future maintenance costs. This home is not just a residence; it's a lifestyle.
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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 Riverview
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$2,200 /mo
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$2,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017