1818 CAPE HORN RD
About This Property
Ensuring both comfort and efficiency, this home has been lovingly maintained with many updates including a new HVAC system, renovated kitchen and bath, triple-insulated vinyl windows, PVC plumbing, fresh mortar work, a reinforced concrete slab, outdoor generator plug, and more. Follow the wraparound porch and step inside to discover a home rich in historic character, with solid wood trim, pocket doors, rustic stone accent walls, heart pine flooring, and stunning stained glass windows. The beautifully updated gourmet kitchen blends modern convenience with classic elegance, featuring solid maple wood cabinetry including a matching hutch, granite countertops, stainless steel appliances, and a custom tile backsplash. A grand foyer, framed by stately architectural columns and wide pocket doors lead to the formal living and dining rooms, both highlighted by magnificent fireplaces. A full bathroom and bedroom are conveniently located on the entry level. Beautiful heart pine floors continue upstairs to the primary suite offering a spacious walk-in closet adjoined by a private sitting room or separate bedroom. Solid wood doors are showcased throughout and the full bath has a corner soaking tub and dual vanity. A 3rd bedroom and a second full bath with a stacked washer and dryer complete this floor. The top-level suite provides a versatile space with dedicated sitting and work areas, while the walkout lower level exudes rustic charm, featuring original stone walls, a cozy wood-burning stove, and two workshop/storage rooms. A rare blend of historic beauty, modern upgrades, and resort-style amenities-this extraordinary retreat is truly one of a kind!
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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