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18916 CELEBRITY LANE
About This Property
As you enter the entry foyer, you will love the natural light, open floor plan and 2 story ceilings. The large open kitchen and 2 story family room are enormous and perfect for family & entertaining. Enjoy your morning coffee or evening glass of wine in the light-filled great room addition .... you will feel like you are in the middle of a forest. The main level study is conveniently tucked away in the rear of the house. If an over-sized laundry/ mud room is important to you, you have found it here!
The upstairs features an amazing Owner's Suite with sitting room, 2 enormous walk-in closets, tray ceiling, and beautiful bathroom! This level also has 3 additional spacious Bedrooms and 2 other Full Bathrooms.
The finished basement features a large recreation room, full bathroom and tons of storage space.
This home is uniquely beautiful in every season and you will spend hours on the backyard patios watching nature in action, entertaining or just spending private time to reflect. Life is Grand!
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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