1035 S BEECHAM ROAD
About This Property
Major upgrades include a new HVAC system, new roof, new gutter system, and new wood privacy fence-all completed in 2024. The efficient tankless water heater is approximately 4 to 5 years old, adding even more value and peace of mind. Step inside to warm wood flooring that flows throughout most of the first-floor living space. The open-concept living and dining areas feature a rear glass slider that leads to a private, fenced backyard complete with a quaint concrete patio-perfect for relaxing or entertaining. The upgraded and practical kitchen shines with granite countertops, a custom backsplash, a 5-burner GE stove, and a stainless steel Whirlpool refrigerator. An adjacent utility room houses a full-size LG washer and dryer for added convenience. Down the hall, you'll find three spacious bedrooms, all with hardwood flooring. One bedroom offers a double closet and pull-down attic access for additional storage. The updated main bathroom is a showstopper, featuring custom tile flooring, a flawless stall shower with glass sliders, a built-in seat, and a shower niche for all your essentials. This delightful home combines style, function, and unbeatable value in a sought-after neighborhood. Don't miss your chance-schedule your showing today and make it yours!
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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