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155 Birch Drive
About This Property
A gracious entry foyer opens to an expansive living room featuring soaring ceilings, rich oak flooring, and a charming wood-burning fireplace. The adjoining formal dining room is framed by walls of windows that showcase the property's landscaping and seamlessly brings the beauty of the outdoors inside.
The main level offers a spacious eat-in kitchen, powder room, three well-appointed bedrooms, a full hall bath, and a private primary suite. The lower level provides exceptional additional space with a large recreation and entertainment room, outside entrance, abundant storage, and flexible areas ideal for a home office, gym, playroom, or guest accommodations.
Step outside to a lush backyard retreat designed for both entertaining and relaxation. Multiple outdoor gathering spaces are surrounded by specimen plantings and mature landscaping, creating a private and serene setting.
Enjoy membership to the coveted East Hills Park, offering access to multiple swimming pools, tennis and basketball courts, playgrounds, fitness facilities, walking trails, a dog park, and year-round activities for all ages.
Gas service has already been installed and available for future connection if desired. A wonderful opportunity to enjoy North Shore living in one of the area's most desirable communities.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017