12003 BERRYBROOK TER
About This Property
On the main level the formal living room and dining room are perfect for entertaining guests, while the large family room boasts a full width brick fireplace with hearth and mantle. French doors in the family room lead to the back patio, providing a seamless indoor-outdoor flow. The kitchen is bright with a skylight and a window, and an eat-in area for casual dining. Here there's also access to the two-car front loading garage, with main level access to basement, powder room, and laundry. The laundry/mud room has a side entrance, full-sized machines, and a deep sink.
Upstairs, the primary bedroom has an en-suite bathroom with a shower/tub, and three secondary bedrooms. Two bedrooms have corner windows to let in natural light and one is connected to the primary suite. The shared hall marble bathroom has a skylight, dual vanities, and a shower/tub. There is a linen/hall closet for added storage.
The lower level currently features a large wet bar and a full daylight basement with a rear yard walkout, ready for your customization. There is a full bathroom with a tiled stall shower, and a large cedar closet for additional storage space. This home has everything you need to make it your perfect home - it just needs you!
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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