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1607 Addison Avenue
About This Property
This Immaculate, large one story home is not to be missed. The open floor plan has high ceilings and a lovely flow to all rooms and patio.
The custom designed kitchen is quite simply a wow! A cooks dream with GE cafe appliances, Double height cabinetry with display glass doors, over mount and under mount lighting, soft close drawers, pot and pan drawers, over sized built in pantry, over sized spice doors, a large island with work stations and custom table and seating The fine details are apparent in fixtures, window treatments, floors and finishes. There is also a central vacuum system. The master has a large walk in closet and ensuite elegant bathroom with over sized shower, double sinks, marble floors and custom cabinetry. Bedroom 2 and 3 are a generous size with a Jack and Jill bathroom. Bedroom 4 has a closet and can be used as an office/den.
The home has large Carrera Porcelain tiles mud set.
The Laundry room has top of the line LG washer Dryer and a sink. The powder room is also a cabana bath.
The roof is from 2007, water heater with circulating pump is from 2016, 2 zone a/c is 5 and 10 years old. Even the garage will impress.Home has tinted windows with hurricane film as well as
Fabric-ShieldA® Storm Panels. They are a highly-effective alternative to steel or aluminum hurricane panels. Fabric-ShieldA® panels are easily stored and easier to deploy. Panels are also translucent allowing diffused light to enter. Read all about it in attached documents.
This immaculate home is ready for you..
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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