1 Thrush Path
About This Property
Recent upgrades include new windows, a water heater, central AC and a heating system, all replaced in 2022, along with modern kitchen fixtures, a front door, sliding glass doors and new blinds. The kitchen showcases updated granite countertops, stainless steel appliances and a spacious island, enhanced by high end finishes and ample storage. Elegant crown molding, recessed lighting and porcelain tile flooring elevate the ambiance, the bathrooms have also been tastefully updated.
Luxury extends beyond your front door with community amenities such as tennis, basketball and pickleball courts, a fully equipped gym and a clubhouse featuring a large ballroom, billiards, ping pong and foosball. Enjoy two in ground swimming pools, one designed for children, along with an updated playground. The driveway provides plenty of parking space and the HOA takes care of landscaping and snow removal, ensuring a maintenance free lifestyle.
Conveniently located less than six miles from the Port Jefferson ferry and train station and just minutes from Trader Joe's, grocery stores and a variety of restaurants, this is an incredible opportunity you won't want to miss!
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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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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017