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1011 Eighth Avenue
About This Property
Step inside to an open-concept layout showcasing one-of-a-kind custom features throughout, including oversized porcelain tile flooring, custom ceilings with enhanced LED lighting, and a sleek wood accent wall that adds warmth and sophistication to the main living area - perfect for entertaining guests or enjoying cozy nights at home.
The chef-inspired kitchen is truly the heart of the home, featuring 3-inch quartz countertops that seamlessly extend into the backsplash and sink, a convenient pot filler for effortless cooking, Samsung stainless steel appliances, custom cabinetry with integrated LED lighting, and a contemporary oversized island designed for both entertaining and everyday living.
Designed with hosting in mind, the home also features built-in speakers throughout the main living areas and outdoor spaces, creating the perfect atmosphere for dinner parties, holiday gatherings, or relaxing evenings at home.
The spa-inspired bathrooms elevate everyday living with imported modern tile, LED mirrors, floating vanities, sleek glass showers with rainfall systems, heated smart toilets with advanced features, and built-in towel warmers - delivering a true luxury experience.
Additional premium features include a full sprinkler system, built-in PTZ security camera system, a fully equipped outdoor kitchen, and an expansive backyard with room for a future pool.
This exceptional property combines modern elegance with high-end upgrades in one of the area's most desirable locations. A rare opportunity to own a truly turnkey luxury home ready to welcome its new owners.
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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 Joel
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017