1116 TIFFANY ROAD
About This Property
The updated kitchen sparkles with LED pendant lighting, KraftMaid cabinetry, and a charming bay window, seamlessly opening to the spacious living and dining areas highlighted by vaulted and cathedral ceilings. Four generously sized bedrooms on the main level feature hardwood flooring, neutral tones, and ample closet space. The owner's suite includes a walk-in closet and an updated private bathroom, featuring oversized floor to ceiling Stall Shower.
The finished lower level offers exceptional flexibility, featuring a fifth bedroom and a large recreation room complete with a brick-framed wood-burning fireplace, mantel, and updated LED sconce lighting. Adjacent to the recreation room is another updated full bathroom, with double closet. This level is ideal for a multi-generational living arrangement, au-pair, or in-law suite, complete with a kitchen, washer and dryer, utility sink, private entrance, and generous living space. The oversized laundry, storage, and workshop room is large and functional enough to satisfy the most discerning craftsman, carpenter, auto, or metal worker.
Sited on a lovely .25-acre lot adorned with mature dogwood and mulberry trees, the property offers both beauty and convenience. On the lot is a fully fenced-in backyard featuring a brand new wood deck, stone patio-perfect for entertaining. Enjoy all of this located just minutes from the library, shopping, and Martin Luther King Jr. Recreational park. Open House scheduled for Saturday 1/24 from 1-4pm
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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%.
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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 White Oak
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017