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920 Allaire Road
About This Property
The heart of the home is the updated kitchen with white cabinetry, quartz countertops, stainless steel appliances, and seamless flow into the rear family room with a fireplace. A separate living room provides additional gathering space, while the finished basement offers a comfortable den, two finished flex rooms, and ample storage. The spacious primary suite features a beautifully updated en-suite bath, creating a private retreat at the end of the day. Hardwood flooring runs through much of the home, and recent improvements include a newer roof (2021) and updated air conditioning systems (2020 & 2021).
Step outside to a private, fenced backyard designed for relaxation and entertaining, complete with a paver patio, mature landscaping, and underground sprinklers. Additional highlights include a dedicated laundry room, two-car garage, and a desirable location just two blocks from Robertson Park. Students attend the highly regarded Spring Lake Heights K-8 School District.
A rare opportunity to enjoy a move-in-ready home in one of the Shore's most sought-after 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