10 Arnold Street
About This Property
Step into a welcoming custom entry foyer with extra storage closets, leading to an expansive open floor plan featuring an oversized living room and dining area adorned with elegant crown molding and recessed lighting. The heart of the home is the chef's kitchen, boasting a large center island with seating for three, pristine white cabinetry, upgraded granite countertops, and premium LG stainless steel appliances--perfect for entertaining or everyday enjoyment. Custom-tiled walk-in shower with designer ceramic flooring in the Main bath and jack and Jill 1/2 half bath.. Recent upgrades ensure worry-free living: new gas heating, new central air conditioning, new hot water heater, and new ductwork throughout; new vinyl siding, new double-length asphalt driveway and new front landscaping. Thermopane tilt wash vinyl windows and separate Laundry room with New Gas Washer/Dryer Tower. Additional highlights include a spacious Florida room for summer relaxation, an oversized garage for extra storage, freezer or refrigerator area or workshop. This home is ideally situated around the corner from Greenbriar I's vibrant amenities, including a large clubhouse hosting clubs and events, outdoor pools a private 6-hole golf course, billiards room, fitness facilities, and more--all covered by a low monthly HOA fee including lawn care, snow removal, and common area maintenance. Enjoy effortless commuting with entrances to the Garden State Parkway (North & South) just one minute away, and reach the beautiful Jersey Shore beaches in only 20 minutes. Low taxes and a vibrant community. Please note: Grass has been enhanced and home is virtually staged for illustrative purposes only.
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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