1604 N Laurel Avenue
About This Property
Designed for effortless living and entertaining, the open-concept layout features a striking great room and separate living room both with elegant fireplaces, and a show-stopping HUGE chef's kitchen featuring custom cabinetry, soft-close drawers, bold waterfall-edge quartz countertops with large island, complete with bar seating area, flowing backsplash, statement pendant lighting, and high-end Formo appliances.Additional highlights include:New water heater, A/C and Heater only 1 year old, and 5 year warranty on the roof.
The primary suite is a true retreat, complete with dual His-and-Her's walk-in closets and a spa-inspired ensuite bath featuring a massive walk-in shower, dual-sink vanities, a soaking tub, and serene designer finishes. Generously sized secondary bedrooms include modern ceiling fans, while the guest bathroom offers its own walk-in shower, soaking tub, and dual vanity. Throughout the home, enjoy wide-plank luxury flooring, new baseboards, designer recessed lighting, dual-pane windows, and timeless plantation shutters. A premium surround sound system extends from the living spaces to the backyard, creating a seamless indoor-outdoor ambiance.
Step outside to your private resort-style paradise-featuring a sparkling pool and spa, a built-in Viking BBQ area, and a tree lined walk way that leads the way to a stylish cabana lounge with ceiling fan for year round comfort. There is also a convenient poolside mudroom with a bathroom which has a walk-in shower and floating vanity. The finished three-car garage includes epoxy floors and ample built-in storage. The extended driveway offers space for multiple vehicles and even the potential for future RV parking. Every inch of this home has been thoughtfully reimagined to offer unmatched comfort, style, and sophistication in the heart of Upland. The interior stuns from the moment you walk in and the outdoor space is an entertainers dream perfect for creating memories with friends and family.
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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