12801 Monroe St
About This Property
Upon entering, you'll be captivated by the large family room, creating a sophisticated yet welcoming atmosphere. You will love the spacious eat-in kitchen with unique white-washed brick accents. The enclosed patio off the kitchen provides an ideal space for outdoor gatherings and quiet moments alike.
The upper level boasts three generously sized bedrooms, each offering ample closet space and comfort. On the lower level, you'll find a large family room with a cozy wood-burning fireplace, perfect for snuggling up during the cold winter evenings. The walkout access to the backyard makes it easy to enjoy the expansive outdoor space, which is ideal for both recreation and relaxation.
The basement features a laundry room and a spacious bedroom complete with a walk-in closet, offering privacy and flexibility for use as a guest suite or home office. Outside, the large, fenced backyard has a partial newer fence, providing a safe and serene space for outdoor activities. There is also a good sized shed perfect for storing all your lawn and gardening tools.
Conveniently located with easy access to shopping, dining, and recreation, this home is within a short walking distance to Eastlake Reservoir and Nature Preserve, multiple parks, and scenic walking trails. Don't miss the opportunity to own this remarkable home in a sought-after neighborhood that offers both tranquility and convenience.
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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