9348 WINDBELL WAY
About This Property
Thoughtful interior upgrades include granite kitchen countertops, updated lighting, wood closet doors in two bedrooms, and a replaced ceiling fan in the primary bedroom. A bright three-season sunroom provides additional living space to enjoy throughout much of the year, while the 14-foot rear deck overlooks peaceful open space - an ideal setting for relaxing or entertaining.
The finished lower level adds valuable flexibility with a full bath and kitchenette area, perfect for guests, recreation, or extended living needs. Major system improvements provide peace of mind, including siding and gutters (approx. 2021) and a Carrier heat pump (2019), along with a newer garage door, updated porch and lamp post lighting, and washer and dryer. Kitchen appliances were new in 2018.
Conveniently located near shopping, dining, community amenities, parks, and major commuter routes, this home combines privacy, meaningful updates, and a sought-after Columbia lifestyle.
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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 Columbia
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017