1936 MOORINGS Circle
About This Property
You know those streets where kids still ride their bikes until the streetlights come on, and the neighbors actually wave when they drive by? That's what life feels like here in Paradise Moorings. It's private, peaceful, and full of that ''everyone looks out for each other'' energy that's hard to find anymore.
This home has been so thoughtfully updated over the years and it truly shows. The moment you walk in, you'll notice the wide-plank vinyl floors, the shiplap built-in entertainment center, and the warm, inviting flow that makes every space feel like home. The kitchen has been completely redone with freshly painted cabinets, new hardware, a tile backsplash, butcher block island, and brand-new appliances it's truly the heart of the home Upstairs, you've got a new HVAC system, and the peace of mind of a brand new roof just added.
Step out back and it honestly feels like your own private retreat. The heated saltwater pool and hot tub are surrounded by a screened-in paver patio, complete with an outdoor kitchen, shower, and sprinkler system. It's the kind of backyard where you'll host birthday parties, cookouts, and quiet evenings under the lights.
Some of my favorite touches include the plantation shutters throughout, custom cedar shutters and exterior paint (2024), and that perfectly manicured front yard that was just resodded this year.
It's truly a home that's been loved and cared for and it shows. If you've been dreaming of that storybook neighborhood feel, where you can come home and actually exhale. Where modern updates meet small-town charm, and every day feels a little bit like a dream.
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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%.
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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