195 Baytree Drive
About This Property
Stainless steel appliances (GE Profile). Dishwasher was replaced in 2013 with a high-end KitchenAid.
1.5" thick Silestone on countertops and freestanding custom wood island with counter stool seating (island conveys with house).
Pendants lighting over the island.
Kraftmaid solid wood kitchen cabinets. The upper cabinets are 46" tall. The base cabinets have dovetailed drawers and are designed for pot/pan storage.
Satin nickel cabinet hardware.
Cast iron farmhouse kitchen sink.
A¾ HP garbage disposal replaced in 2013.
Upgraded Trane HVAC with electronic filter
Rinnai Tankless water
16"x16" tile throughout the entire house except in the three bedrooms.
Hurricane shutters (corrugated metal) for all windows, including sunroom.
Heated and cooled glass sunroom with functional windows. Retiled sunroom in 2011.
Mirrored hallway leading to master bedroom with gallery lighting.
Recessed can lighting installed throughout except the two guest bedrooms and the guest bathroom. All cans are on dimmers.
All ceilings are smooth. Popcorn ceiling was removed and reskimmed.
Built-in, floor to ceiling bookshelves in living room, painted in white dove.
Solid-panel, insulated Stratford garage door installed.
Widened the driveway to allow for additional parking area.
Coleman 11.5 KW natural gas generator installed. Service is current and is performed by Ronco Electric twice annually.
Interior of the entire house was repainted in 2011 including doors, built-in bookshelves in living room, kitchen cabinets (white dove), trim and crown (white dove).
Recarpeted all three bedrooms in 2011.
Cellulose re-blown in attic in 2011.
Irrigation system.
Solar Zone window film installed on south and west facing windows for energy conservation.
Plantation shutters throughout except sunroom.
Pest control and termite bond current through Bryan Pest Control.
All appliances including washer/dryer and second refrigerator in garage will convey.
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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