1661 Lincoln Boulevard
About This Property
This custom-built home offers 3 bedrooms with 4-bedroom potential and flexible living spaces throughout. The first-floor primary suite includes a beautifully updated en-suite bath with LED mirrors, double sinks, and a soaking tub. A convenient first-floor room can easily serve as a nursery or home office.
The updated kitchen with oversized center island flows into a stunning sunroom with vaulted ceilings and custom built-ins. Upstairs you'll find two generously sized bedrooms with new remote-controlled sk skylights and a full bath. The finished basement adds valuable flexible space perfect for a rec room, gym, media room, or additional living area.
Outside, enjoy your own private backyard oasis with Trex decking, a gas line for the grill, an awning, above-ground pool, large fenced yard, and underground sprinklers. Additional highlights include a new roof, security system, internet extension, and an attached garage.
This one-of-a-kind property delivers the perfect blend of privacy, functionality, and rare amenities rarely found together.
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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