1045 Addison
About This Property
The chef-inspired kitchen is the true centerpiece of the home, offering custom cabinetry that extends to the ceiling, elegant granite countertops, stainless steel appliances, designer lighting, a large center island with bar seating, subway tile backsplash, and a walk-in pantry. The adjoining breakfast area and formal dining room provide flexible spaces for family meals, holidays, and entertaining guests.
The private primary suite is a relaxing retreat featuring a spa-like ensuite complete with dual granite vanities, a luxurious soaking tub, oversized walk-in tiled shower, private water closet, and generous walk-in closet. Spacious secondary bedrooms offer high ceilings, abundant natural light, and ample closet space to comfortably accommodate family and guests.
Step outside to your own backyard oasis where an extended covered patio is enhanced by a beautiful cedar pergola with cafe lighting, creating the perfect space for outdoor dining, weekend barbecues, or relaxing evenings. The fully fenced backyard offers lush landscaping, decorative rock borders, and plenty of room for children, pets, or future outdoor additions.
Combining quality craftsmanship, functional design, and exceptional outdoor living, this move-in-ready home offers everything today's buyers are looking for and is ready to welcome its next owners home.
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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