14 Penn Drive
About This Property
Inside, the home showcases exquisite craftsmanship with detailed wainscoting, crown moldings, and soaring vaulted ceilings. The thoughtfully updated kitchen features modern finishes and flows seamlessly into the large den and formal dining room-ideal for both everyday living and entertaining.
Retreat to the generously sized bedrooms and beautifully updated bathrooms designed with comfort in mind. The fully finished basement expands your living space with a full bath and a stylish wet bar, perfect for hosting guests.
Step outside to your own backyard oasis, complete with an in-ground pool, covered composite deck, and elegant paver patio and walkways-The additional detached 4 car garage with a separate 100 amp electric is ideal for car enthusiast.
Highlights include 1 year old central air conditioning and upgraded 200 amp electrical service for the main home, Anderson windows and Gas heating.
This home offers the perfect combination of luxury, functionality, and outdoor living-don't miss your chance to make it yours.
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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 Melville
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$9,800 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017