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120 BAINBRIDGE Street
About This Property
Upon entry, a refined vestibule with pocket doors leads to the parlor level's open floor plan. Here, brand-new hardwood floors and high ceilings create an airy ambiance, while the state-of-the-art kitchen takes center stage. Adorned with Caesarstone countertops, a sleek island with breakfast bar seating, and integrated appliances-including a Bertazzoni range, double wall oven, and Summit wine coolers-the kitchen is a masterpiece of design and functionality. A convenient half-bath, laundry closet, and access to a rear deck and landscaped backyard complete this level.
The second floor offers two light-filled bedrooms, each with en suite baths and ample closet space, plus a fully equipped laundry room with a second washer and dryer, storage, and designer finishes. The third floor is a true sanctuary, devoted entirely to the luxurious primary suite. It boasts a serene bedroom with a private terrace, a spa-like bath featuring a freestanding tub, glass-enclosed shower, and double vanity, and a versatile dressing room/home office with his-and-hers walk-in closets.
On the fourth floor, two additional bedrooms with walk-in closets and access to beautifully appointed baths provide more private retreats. Throughout the home, radiant heated floors elevate comfort, and a security system ensures peace of mind. Crowning this residence is a fully operable electric skybox that opens to a private roof deck, offering sweeping views.
Located near the A and C subway lines, this home offers exceptional convenience. Savor neighborhood favorites like Saraghina or Peaches and more nearby.
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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