9 Graystone Lane
About This Property
The well appointed second floor with 4 bedrooms and 2 full baths include an oversized primary bedroom with cathedral ceilings, complete with ensuite and a lovely sitting area to read a favorite book!
Step outside and behold your private oasis featuring an in-ground pool with pavers, gorgeous manicured landscaping, spacious deck for grilling and a beautiful pool house/outside kitchen-bar that even includes a kegerator! This house is equipped with a 12 year young architectural roof, 4 year oil tank, high efficiency 12 year young oil burner, CAC, In-ground sprinklers and is surrounded by white vinyl fencing. This home truly has it all, come and watch your life unfold right here!
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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 Smithtown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017