10017 Benares
About This Property
Every element has been thoughtfully curated to maximize comfort and luxury. The expansive open-concept layout seamlessly integrates indoor and outdoor living, while the resort-style backyard-with its spacious swimming pool-provides a perfect retreat for relaxation or hosting guests. The pool features adjustable LED lighting and modern conveniences, including 3-way light switches. The robustly constructed two-car garage offers secure and elegant storage for your prized vehicles.
Perfectly situated, the property offers effortless access to Burbank, Hollywood, Downtown Los Angeles, Glendale, and Los Feliz. An array of dining, shopping, entertainment, grocery stores, studios, and daily essentials are all just 10–15 minutes away.
The home is richly appointed with Italian porcelain tile, premium laminate flooring, and sophisticated lighting throughout. A striking, illuminated staircase leads to a grand entry door, welcoming you into a space enhanced by solar-powered lighting fixtures. The living area flows into a chef's kitchen outfitted with premium quartz countertops, a walk-in pantry, and top-tier finishes. A custom Michael Aram lighting fixture adds an artistic touch to the kitchen's contemporary design. One of the bedrooms is turned to a game room and another bedroom turned into walk in closet and larger bathroom.
Additional upgrades include a new roof, solar panels, new electrical wiring, updated piping, a 5-ton air conditioning unit, two tankless water heaters, and an ADT security system-offering modern efficiency, comfort, and peace of mind.
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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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About North Valley
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$3,450 /mo
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$1,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017