119 Georgetowne Drive
About This Property
Georgetowne Neighborhood. This beautiful home offers the perfect blend of comfort, space, and elegance. Step inside to discover an open and airy kitchen that flows seamlessly into a sunlit sunroom-ideal for morning coffee or casual entertaining. The formal dining room provides a sophisticated space for gatherings.
The cozy living room features cathedral ceiling, a remote controlled gas fireplace flanked by custom built-in bookcases, creating a welcoming focal point for relaxing evenings. A split-bedroom floor plan ensures privacy, with a spacious primary suite with trey ceiling, large bath with jetted tub, separate shower and ample size closets. Upstairs, a large bonus room offers endless possibilities-perfect for a playroom, home office, or media room-while the expansive attic provides even more room to grow or customize to your needs. Step outside to enjoy the beautifully landscaped backyard, complete with a lighted gazebo, fountain, and arbor. An enchanting space for outdoor entertaining or private oasis. Oversized 2 car garage with built in workshop. New Roof in 2018. Encapsulated Crawlspace
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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