8839 TERRELL ROAD
About This Property
This spacious and well-maintained property offers comfort, functionality, and room to grow. The main level features a bright and inviting living room, a formal dining room, and a kitchen with granite countertops-perfect for everyday living and entertaining.
Upstairs, you'll find three bedrooms and two full bathrooms, providing plenty of space for rest and relaxation. The finished lower level includes a half bath and abundant storage, offering a flexible area for a family room, home office, or fitness space. An additional unfinished lower level adds even more potential for customization.
Step outside to enjoy a large deck-ideal for gatherings-and a beautiful backyard that offers a peaceful retreat. With a private driveway that fits two vehicles, this home truly has it all.
Don't miss your chance to own this gem in one of the area's most desirable communities!
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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