14713 ALGRETUS DRIVE
About This Property
This beautiful home features 5 bedrooms and 3 bathrooms with 2,232 square feet on 2 fully finished levels. The current owners have invested more than $156,000 in upgrades and renovations showing genuine pride of ownership.
As you step inside, you are greeted by the warmth of the hardwood flooring that flows seamlessly throughout the main level. The spacious living room and dining area provide ample space for both relaxation and entertaining, offering a perfect balance of comfort and elegance. Expansive windows drench the interior with natural light, infusing the space with a welcoming ambiance ideal for both relaxation and hosting memorable gatherings.
The kitchen is a chef's delight, boasting all the essential appliances with brand new oven/range, generous counter space, and plenty of storage for all your culinary needs. Whether you're preparing a quick breakfast or a gourmet dinner, this kitchen is sure to inspire your inner chef.
The main level also features three bedrooms, offering convenience and flexibility for easy living. The primary bedroom is a tranquil retreat, complete with an ensuite bathroom and dual closets, providing the perfect haven for relaxation and privacy.
Step outside onto the screened deck and discover the ideal spot for enjoying your morning coffee or hosting al fresco gatherings with friends and family. The deck overlooks the beautifully landscaped backyard, providing a serene outdoor oasis for relaxation and recreation. This outdoor space also boasts an electrical hook-up for a hot tub, as well as a storage shed with electrical plugs for a full workbench.
Descend to the fully finished walk-out lower level, where a generous recreation room beckons, providing an ideal setting for movie nights, game days, or cozy evenings by the fireplace. Two supplementary bedrooms and a full bathroom on this level offer versatile accommodations for guests, a home office, or any other lifestyle preferences. The addition of a dedicated laundry room ensures seamless household management, adding a touch of convenience to this already impressive living space.
Look no further; you are home!
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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%.
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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 Centreville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017