1674 19th Street
About This Property
Upon entry, the foyer introduces a thoughtfully designed layout. To the left, a well appointed mudroom provides everyday functionality plus storage closet and second pantry. To the right, the kitchen is both timeless and sophisticated, featuring crisp white cabinetry, granite countertops, tile backsplash, stainless steel appliances, gas stove, and sleek recessed lighting. Convenient access to attached garage enhances ease of daily living.
The main level unveils an open living & dining area flooded with natural light. Newer windows and sliding glass doors create an airy and inviting atmosphere. Sliding doors open to an impressive 350 sqft covered balcony with tongue and groove pine ceiling. Enjoy overlooking the tranquil backyard offering the perfect setting for quiet moments of relaxation and entertaining.
Lower Level provides remarkable versatility, featuring an expansive flex space with a kitchenette and breakfast bar overlooking the lush backyard. This level is ideal for entertaining, extended living, game room, private guest accommodations or your own primary suite. Two sets of sliding glass doors giving direct access to a covered patio, further enhancing the home's seamless indoor outdoor connection.
Some additional features include; tankless gas water heater, new roof in 2021, oversized garage with high ceiling, and an abundant amount of parking opportunities for all types of vehicles. This home has been loved while meticulously maintained and cared for as highlighted on Sellers feature sheet.
A rare opportunity for qualified VA buyers to assume an existing VA loan with an approx balance of $370,000 at an outstanding 2.75% interest rate. This unique offering, combined with cozy design, generous living spaces, and picturesque setting, makes it a truly remarkable find.
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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