9707 SAXONY ROAD
About This Property
The thoughtfully designed main level features three well-appointed bedrooms and two beautifully renovated bathrooms. The upgraded kitchen combines style and functionality with granite countertops, stainless steel appliances, and abundant cabinetry. Rich hardwood floors, fresh designer paint, and generous closet space enhance the home's warmth and sophistication. The fully finished lower level impressively extends the living space, highlighted by a large recreation room complete with a wet bar-perfect for hosting gatherings or relaxing evenings. Two additional bedrooms or flexible bonus rooms, along with a stunningly renovated full bath, provide ideal accommodations for guests, extended family, or private workspaces. Ceramic tile flooring and recessed lighting create a bright, modern ambiance throughout. Step outside to the serene screened-in porch overlooking a fully fenced backyard with ample room for gardening, recreation, or outdoor entertaining.
Additional highlights include an updated kitchen and baths, a newer roof (5 years), furnace (9 years), hot water heater, updated appliances, a multi-car driveway with EV charging, and unbeatable proximity to the scenic trails and green spaces of Sligo Creek Park. Perfectly positioned near parks, dining, shopping, and major commuter routes-including quick access to Interstate 495-this move-in-ready home offers an exceptional combination of comfort, flexibility, and convenience in a truly coveted location.
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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%.
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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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About Forest Glen
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017