9312 CASTLE HILL RD
About This Property
Nestled in the prestigious Belmead at South Run Crossing, this residence combines timeless design with exceptional craftsmanship. Once you step inside you will be greeted by a sweeping 2-story Foyer and freshly refinished gleaming hardwood floors throughout the main level. The gourmet kitchen is a chef's delight, boasting stainless-steel appliances, granite countertops, a kitchen island, gas cooktop, and a butlers nook connecting to the formal dining room - great for entertaining! The heart of the home lies in the family room which showcases a cozy gas fireplace- perfect for those snowy nights and a good book. With warmer weather, enjoy nature and barbeques on the deck with convenient access from the kitchen and breakfast nook. The upper level features an expansive primary bedroom with tray ceilings, sitting area, dual walk-in closets, and private bath. The bath features cherry cabinetry, double sinks, separate vanities with granite countertops, a soaking tub and a shower. Four additional bedrooms offer ample space for a growing family and/or guests. Enjoy the convenience of an upper-level laundry room which includes a sink with a washer and dryer. The lower level has endless possibilities. Not only is there a 6th bedroom and full bath for an In-law/Nanny suite, but also an entertainer's dream boasting a generous recreation room with another gas fireplace but also three additional rooms. These extra rooms are for you to create: maybe a media room? exercise room? craft room? more storage space? - you can decide. French doors open to walk up to a nice (hard to find) flat back yard. The garage creates a clean, modern space with built-in cabinets that's perfect for easy living. All of this- plus the entire home has been freshly painted, new carpet throughout and refinished hardwoods. Located near the popular South Run Recreation Center, shopping centers, and major commuter routes, this home is a fabulous opportunity to have it all– so don't miss out!
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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