This Staten Island single-family home offers solid rent potential, with estimated monthly income ranging from $2,700 to $3,200. The spacious 1,320 sq ft layout and large 9,359 sq ft lot are definite selling points for renters. Westerleigh's rising property values and the home's proximity to amenities boost its appeal. However, the single bathroom could limit rental prospects. The 1955 construction might need updates, but the ranch style is popular. Given the $899K list price, we're looking at a 23-28 year payback period - not ideal, but not terrible in NYC's market.
To maximize rental potential, consider adding a second bathroom and modernizing the kitchen and HVAC. These upgrades could justify higher rents and attract quality long-term tenants. For the current owner, if selling is on the table, highlighting the property's expansion potential (e.g., raising the roof) could attract investors or growing families. The large lot is a huge asset - emphasize its versatility for outdoor living or potential ADU development, which could significantly boost rental income.