9018 BUSH CREEK CIR
About This Property
On the second level you will find a large main bedroom with tray ceiling, walk-in closet and a spacious bathroom to love with a soaking tub and separate shower. Three additional spacious bedrooms and a second full bath.
In the finished basement is a beautiful, custom-built wet bar with full refrigerator, dishwasher, wine rack and more. Adjacent is a large rec room with a full bath and a room that could become a legal bedroom.
The home was appraised in October of 2022 for $882,000. Some work is needed which is reflected in the asking price. Three windows are in process of being replaced.
This highly desired area offers highly accredited schools. The award-winning community features 2 community centers, 3 pools (lazy river, fountain and slides), tennis courts, walking and biking trails, community garden, farmer's market and nearby parks.
Plat showing lot lines is in disclosures on Bright. Please call listing agent with questions.
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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%.
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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