1802 PORTSHIP ROAD
About This Property
Step onto the covered front porch, the perfect spot to enjoy your morning coffee, or relax on the covered back porch, providing additional outdoor living and entertaining space.
Inside, the expansive main level features brand-new luxury vinyl plank (LVP) flooring that flows throughout the space. The home offers a large living room filled with natural light, a dedicated dining room ideal for gatherings, and a stunning modern kitchen that will impress any home chef. The kitchen is equipped with beautiful quartz countertops, brand-new stainless steel appliances, stylish cabinetry, and contemporary finishes, making it both functional and elegant.
Large windows throughout the home bring in abundant natural light, creating a warm and inviting atmosphere.
Upstairs, you'll find three generously sized bedrooms with brand-new plush carpeting, offering comfort and relaxation. The fully renovated bathroom features modern fixtures, updated tile work, and a clean, contemporary design.
The finished lower level adds incredible versatility with a massive family room, perfect for movie nights, a playroom, or additional living space. An extra bonus room provides the flexibility to create a home office, gym, guest room, or hobby space.
This home also stands out with exceptional parking options. The property includes a 2-car detached garage plus a large 3-car parking pad, providing space for up to 5 vehicles, a rare and valuable feature.
Located in a convenient and desirable area, this home is just minutes from local shops, restaurants, parks, and major commuter routes, making daily errands and commuting easy.
Every detail has been carefully updated-nothing was overlooked in this beautifully renovated home. Simply move in and enjoy everything it has to offer.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017