1482 NORMAN RD
About This Property
As you enter, the spacious layout welcomes you into a sunlit living space, where the boundaries between kitchen, dining, and living areas gracefully dissolve. The heart of the home is adorned with a stunning gas fireplace, a focal point that not only exudes charm but also adds a touch of coziness to the entire living space. A spacious first-floor bedroom provides flexibility for guests or multigenerational living, while a dedicated office space allows you to work from home with ease. Dual staircases add a touch of grandeur, offering both convenience and a captivating architectural feature for this 3600 sqft plus home.
Upstairs, the thoughtful design continues with a laundry room, making daily chores a breeze. The bedrooms are generously sized, offering comfort and privacy. The master suite is a sanctuary with a walk-in closet, and ensuite bathroom, providing a retreat within your own home.
Step outside onto the screened-in Trex deck, where you can enjoy the outdoors in comfort and style. This extension of your living space is ideal for entertaining or simply unwinding in a serene environment. As you step onto the grounds, you'll be greeted by a lush, professionally landscaped oasis surrounding the home. The fenced yard ensures privacy, creating a secure retreat for family and pets. A stunning paver patio awaits, providing an ideal setting for the outdoor enthusiast. Whether you're a grill master, a smoker aficionado, or a Blackstone griddle enthusiast, this space is tailor-made for entertaining and al fresco dining.
Marling farms is one of the sought after communities on Kent Island. A boat ramp beckons marine enthusiasts, offering easy access to the pristine waters of Crab Alley Bay and Eastern Bay. Let the little ones play to their heart's content in the tot lot, and for the nature lover, a kayak rack is conveniently located for exploring the tranquil waters.
Embrace the breathtaking beauty of both sunrise and sunset from the waterfront common areas, immersing yourself in the serene vistas overlooking Crab Alley Bay and Eastern Bay. The unique positioning of this community on a peninsula ensures that every day is a coastal retreat.
Professional photos coming in the next couple of days. Open House 2/4 from 10am -1pm.
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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