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13901 SULLIVAN COURT
About This Property
Enjoy mornings on your full-length brick front porch, entertain friends on the Trex deck off the Great Room, or relax on the flagstone patio overlooking the peaceful parkland and stream-no neighbors behind you, just nature! Inside, the main level features gorgeous oak hardwood floors, recessed lighting, a sun-filled Great Room with a brick raised hearth masonry fireplace, and a large fully equipped kitchen with tons of counter space and a center island that's ready for your next dinner party or a casual meal. The Great room and Primary bedroom both have windows on 3 sides...lots of natural light.
Upstairs, you'll find 4 bedrooms, all with tray ceilings and ceiling fans, and a renovated Primary suite with a spa-like bath-think jetted tub, tiled shower, and double vanities. The fully finished walkout lower level includes a bedroom, full bath, wet bar, rec room, and even a room that could easily be your home gym! Add in Anderson windows, Reverse osmosis filter system at kitchen and wet bar sinks, as well as a whole house water conditioner, 2-zone HVAC, and an oversized garage with built-ins, and you've got a forever home in a commuter-friendly location-just 2 miles from Metro and Route 200. No HOA...Come see it-you'll fall in love.
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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