11815 PRESTWICK ROAD
About This Property
Located in the Churchill School district which includes Beverly Farms Elementary and Hoover Middle School, this light-filled colonial home is sited on a large, level, fenced yard with beautiful flowering trees.
The home features a gracious foyer, a living room with bay windows, a formal dining room, and a spacious eat-in kitchen with granite counters, stainless-steel appliances including a five-burner gas oven, and excellent cabinet and counter space.
The French doors in the newly carpeted family room, which includes a fireplace and hearth, open to the year-round sun room. A renovated powder room is located on the main level, as is the laundry/mudroom with side entry to the yard.
The primary bedroom suite is king-size and includes a beautiful, updated bathroom with a soaking tub, a separate shower, heated floors and a heated towel rack. Three additional bedrooms and a beautifully renovated bathroom complete the second level.
The finished lower level, with its separate entrance, includes a second family room, a flexible, multi-purpose room or 5th bedroom with a wall of closets.
The driveway has been extended, and the garage door has been insulated.
The sellers have added a power transfer switch to enable an external generator to power two-thirds of the house, including the HVAC blower for heat.
Immaculately maintained, this home is ready to welcome 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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017