18 REID PLACE
About This Property
Stunning, completely remodeled 3-bedroom, 2-bathroom split floor plan home located on a quiet cul-de-sac with an oversized, private lot. Solid concrete block construction with no rear neighbors-backing to a freshwater canal for ultimate privacy.
This home has been fully upgraded with high-end finishes throughout. Features include brand new luxury vinyl plank flooring, fresh interior and exterior paint, and designer lighting throughout.
Show-stopping kitchen with natural wood cabinetry, 42" upper cabinets, soft-close doors and drawers, quartz countertops, and brand new stainless steel appliances.
Both bathrooms are completely remodeled with luxury tile, upgraded vanities, and modern finishes. Spacious primary suite features a large walk-in closet and double vanity with quartz countertops.
Major upgrades include roof 2019, HVAC 2021, new windows, new driveway, new water heater, and all new doors (front, garage, interior, and closets) with updated hardware. Garage includes a convenient utility sink.
Enjoy a rare oversized yard with endless possibilities-perfect for boats, RVs, trailers, work trucks, or additional storage. Ideal for those seeking space, privacy, or a home-based business setup. Also have exterior shower for those hot summer days.
Move-in ready and truly turnkey-this property offers a rare combination of luxury, space, and freedom
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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