9826 RICHLYN DR
About This Property
Upon entering, you're greeted by gleaming hardwood floors and abundant natural light streaming through the bay window in the living room. The living area features a stunning brick fireplace with surrounding built-in shelving, creating a cozy yet elegant ambiance. The living room seamlessly flows into the dining room and the newly upgraded kitchen, which is equipped with newer stainless steel appliances, granite countertops, new cabinets, a garden window, and direct access to the garage. Down the hall, you'll find three spacious bedrooms with ample storage and an updated full bathroom.
The lower level features a finished basement with pellet stove and plenty of space for a media area and playroom. Additionally, there's a finished full bathroom, a large storage area, a laundry room, and a workshop space. The exterior of the home is equally impressive, with a patio, a partially fenced in yard perfect for entertaining, a shed, and a play area. With two driveways, parking is never an issue. The gorgeous landscaping enhances the home's curb appeal. Conveniently located near major commuter routes, shopping, restaurants, schools, and parks, this home offers both beauty and practicality. Schedule your showing today!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017