1801 EASTERN AVENUE
About This Property
The main residence features 2 bedrooms and 2 bathrooms with an open and inviting layout designed for comfortable everyday living. Updated wood-look tile flooring flows throughout the home, while large windows fill the living and dining areas with natural light. The kitchen has been updated with modern cabinetry, countertops, and stainless steel appliances, creating a functional and attractive space for cooking and gathering.
Adding exceptional versatility to the property is a full attached in-law suite with its own private entrance. This separate living space includes 1 bedroom, 1 bathroom, a living room, and its own full kitchen, making it ideal for multi-generational living, extended family, guests, a private home office setup, or potential rental income.
Outside, the expansive 2.42-acre property provides plenty of room to enjoy the outdoors. Mature trees create a peaceful setting with space for gardening, recreation, animals, equipment storage, or future improvements. The wide-open grounds offer privacy and flexibility that are increasingly difficult to find while still maintaining convenient access to everyday amenities.
Whether you're looking for a home that accommodates extended family, provides supplemental income opportunities, or simply offers room to spread out and enjoy, this unique property delivers the space and versatility to fit a variety of lifestyles.
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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