120 Meadowbrook Drive
About This Property
The kitchen features beautiful wood cabinetry with pull out drawers and oversized drawers, granite countertops and stainless steel appliances located in the center of this sprawling one story floor plan. Directly next to the kitchen is the mudroom area with washer dryer closet, cabinets. There is a door from the back patio and from the front covered porch into the mudroom area. This front covered porch and mudroom area are great drop zones when entering the home.
The dining and living areas are combined and create great flow in this home. The living area has two beautiful double french glass doors to the sunroom on either side of the fireplace. There is also a reading nook in the front side of the living room with floor to ceiling built-in shelving with a small countertop, also built-in shelving on one side wall from floor to ceiling in the living room. The dining room has three double door cabinets with tons of storage for all your entertaining needs.
Beautiful wood floors throughout that complete the charm of this home.
Windows replaced in 2018 allow the light to flood all the spaces
The 13' x 16'.3'' primary suite with ample room for all your furniture and a king bed. Don't miss the nook for readying or your favorite piece of furniture. The wall with the doorway to the attached bath has wall to wall and floor to ceiling shelving. Inside the attached bath you will find floor to ceiling mirrors on the custom closet doors to the wood lined closets with built-in drawers. There is an oversized soaking tub, detached shower and double vanity sinks.
The front bedroom features a murphy bed, built-in shelving, cabinets, drawers and is also staged as an office. The wood burning fireplace in this room was walled up by the current owner to create more space for furniture.
There are two bedrooms on the right side of the home, which is the opposite side of the home from the primary suite. They share the hall bath with the front bedroom.
The outdoor living spaces are plentiful and peaceful on Meadowbrook. The sunroom is attached to the living room with two double french doors, and features two wood accent walls, one with a large built-in countertop that is great for entertaining. Also on the back of the home is the 28' x 20' large concrete patio that is stamped with a wood plank pattern. There is a large custom built square wood table that has built in spaces for hot pot cooking in the center of the table. The two custom built planters on the patio create lush greenery on the patio. Don't miss the outdoor garden sink. The front of the home features two front porches both renovated with solid concrete from ground level to floor level, both stamped with a wood plank pattern. The left front door porch is uncovered and is 21' x 8' and enters the living room. The show stopper is the 18' x 14' right front covered porch that enters to the mudroom area. This porch is another great outdoor living space.
Gardens and planting beds adorn the property throughout.
New 2020; heat pump. 2019; solar panels, outdoor sink. 2018; gas pack, front right porch roof, both porches poured concrete from floor to ground level stamped with wood grain pattern, large back patio stamped with wood grain pattern, windows, roof, tankless water heater, attic insulation, , crawl insulation, sunroom, complete home surge proctor.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017