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9 Tuthill Creek Drive
About This Property
The main living areas are anchored by a gas fireplace, adding warmth and character, while the kitchen is equipped with a Viking range, microwave, and dishwasher, blending performance with elevated finishes. Additional highlights include multiple zones of central air for optimal comfort, a newer burner, and the convenience of two washer and dryer setups. Notably, this is one of the only homes in the community with baseboard heat, offering an alternative to the more common forced hot air systems.
A full basement and two car garage provide excellent storage and flexibility. The backyard is a true extension of the home, designed for both relaxation and entertaining. It features an in ground heated pool with a waterfall, complemented by a newer liner, cover, and pool pump. Bose speakers create an immersive outdoor experience, while the updated BBQ cooking station and outdoor fireplace set the stage for effortless hosting in a private, well appointed setting.
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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 Blue Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017