28
Map
19084 E Chenango Cir
About This Property
A roomy updated kitchen including newer cabinets, a reverse osmosis drinking water spigot, and a large basin sink. There is a center island great for cooking. All stainless steel appliances are only 5 years old, including the double oven. The eat-in kitchen area flows right into a large family room with built-ins and a gas fireplace, with lots of windows looking south onto a nicely landscaped private backyard - allowing a lot of natural light for those winter days. Directly off the back of the kitchen, you will find a large office or dining room containing beautiful crown molding, with barn doors that lead into a formal living area.
To finish off the main floor you have a remodeled powder bath and a mud/laundry room (washer & dryer included) with access to the two-car garage.
Upstairs you will find a loft area, 3 bedrooms, a hall bathroom, linen closet and a large master suite with a 5 piece master bath, including a soaking tub and an expansive walk-in closet. The vaulted ceilings give the suite a large open feel.
The basement is unfinished, but allows for an easy way to add a little more square footage to the home with multiple large egress windows. The attic fan was installed in 2020. New water heater & roof in 2018. New ext paint in 2016.
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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