138 CATESBY Lane
About This Property
The kitchen is loaded with thoughtful upgrades including maple cabinets, beautiful quartz countertops, gas range, farmhouse sink, modern range hood and stainless steel appliances. The walk-in pantry is spacious and fitted with custom wood shelving. You'll appreciate the flex/office space, which can serve as a home office, playroom, or extra living area. The large laundry room is practical and nicely appointed, featuring cabinets and quartz countertops, wood shelving, and a laundry sink. Washer and dryer are included.
The primary suite is a comfortable haven with large windows overlooking the wooded preserve and a roomy walk-in closet featuring custom 3/4" plywood shelving. The primary bathroom is your personal spa, with elegant quartz countertops and plenty of storage space. The two other full baths also have comfort height cabinets, quartz countertops and beautiful tiled showers.
The expansive 3 car garage has epoxy floors, specialty lighting and large storage platform. Perfect for a wood worker or a family with a lot of toys to store!
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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.
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017