12815 EASTERN AVENUE
About This Property
The spacious kitchen blends timeless craftsmanship with modern convenience, featuring original solid oak cabinetry, stainless steel appliances, brand-new quartz countertops, a matching quartz backsplash, and a large deep sink. Adjacent living and dining spaces create an ideal layout for both everyday living and entertaining. The inviting main living area is warmed by a cozy pellet stove, adding both charm and comfort during cooler months.
The main level includes three generously sized bedrooms, two and a half updated bathrooms, a convenient laundry/mud room with a modern washer and dryer, and a wet bar complete with a wine refrigerator and mini fridge. The primary suite features a spacious living area with a walk-in closet and a private, luxurious bathing space, complete with a large soaking tub, a walk-in shower, and heated floors. The remaining two bedrooms are also accompanied by a full bath with a jacuzzi tub combo.
The fully finished lower level offers exceptional flexibility, featuring a large kitchenette, spacious living area, fourth bedroom, and a brand-new, modern full bathroom. This space is ideal for guests, extended family, or a private recreation area.
Additional highlights include an oversized 825-square-foot attached two-bay garage, dual HVAC systems, and dual water heaters, with one HVAC unit and one water heater recently replaced. The well-maintained outdoor space is equipped with built-in propane lines for your grill and outdoor cooking space. A large fenced backyard provides ample space for outdoor activities, pets, gardening, and entertaining. The well-
Outdoor enthusiasts will appreciate the nearby public boat ramp access at Dundee Creek. With no HOA fees or restrictions, there is plenty of room to store a boat, trailer, RV, or other recreational equipment right on the property.
This home is truly move-in ready and offers additional peace of mind through recent system upgrades and updated maintenance contracts. Combining modern conveniences, generous living space, and the freedom of no HOA, this exceptional property is ready for its next owner.
Schedule your private showing today and discover all this wonderful home has to offer.
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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