1820 ARBUTUS AVENUE
About This Property
Step inside to discover a thoughtfully designed living space featuring high ceilings and sun-filled rooms that create a bright and airy atmosphere throughout. The main level showcases durable and stylish luxury vinyl flooring, offering both elegance and easy maintenance. The flowing layout provides a seamless connection between living, dining, and entertaining spaces, making everyday living feel effortless.
Upstairs, you'll find three generously sized bedrooms, including a spacious primary suite complete with a large attached bath-your own private retreat at the end of the day. NEW plush carpeting in the bedrooms adds warmth and comfort, creating cozy spaces to relax and unwind. With two full baths and an additional half bath on the main level, the home is well-equipped to accommodate both daily routines and guests with ease.
Outdoor living is just as inviting, with a large front porch that sets the tone for relaxing mornings or quiet evenings. Out back, the expansive yard offers endless possibilities-whether you're hosting summer gatherings, creating a garden oasis, or simply enjoying the open space.
Additional highlights include convenient driveway parking and an unfinished basement that's perfect for storage already equipped with shelving and a workbench that conveys with the home. The space is a blank canvas, ready for your vision.
With its combination of recent renovations, generous living space, and inviting indoor-outdoor features, this home offers an exceptional opportunity to enjoy comfort, style, and flexibility in one complete package.
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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