1629 ADDIE LN
About This Property
Inside, you'll find an open-concept design with vaulted ceilings, creating a welcoming atmosphere. Relax by the family room fireplace or whip up meals in the updated kitchen, equipped with brand new appliances and complemented by new flooring in the main living area.
With two bedrooms and two baths, there's plenty of privacy and convenience. The oversized primary bedroom provides a spacious retreat, with room for an office or sitting area, and boasts an ensuite bath for added comfort. The extra space could possibly be made into a third bedroom.
Enjoy the sunroom with skylights, leading to the rear fenced yard, perfect for soaking up the sun or enjoying a morning coffee. Additional features include a separate dining room, laundry room, and a two-car garage with extra storage space.
As a former model home, this residence exudes sophistication and style. With lawn service included in the HOA, you'll have more time to relax and enjoy the Willow Shade community. Welcome 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%.
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