1986 Estabrook Way
About This Property
The main level features an eat-in kitchen with brand new refrigerator, gas stove/oven, & microwave, opening to the spacious great room with dramatic vaulted two-story ceilings, with gas fireplace & multiple skylights that fill the space with natural light. A main-level bedroom with adjoining 3/4 bath adds flexibility for guests or a home office. A formal living room & dining room greet you as you enter the home.
Upstairs you'll find a private primary suite, a loft overlooking the great room below, & the convenience of a laundry chute. Two additional spacious bedrooms & a shared full bath complete the upper level.
The fully finished basement delivers the ultimate entertainment space with a 6-seat home theater, theater system, & freshly cleaned theater seating included. The basement also features a large guest bedroom, steam shower, & a spacious bar & game area. Yes-the popcorn machine is included for the full theater experience.
The home has been thoughtfully updated with a new roof & skylights, new ceiling fans, fresh interior paint throughout including doors, ceilings, & trim, popcorn ceilings removed, beautifully refinished hardwood floors, furnace (2024), brand new carpeting throughout & garage doors & openers (2022).
Step outside to a professionally landscaped, fully fenced backyard designed for outdoor living. Enjoy the large patio, pergola, built-in gas grill & a Kamado Joe grill, plus a firepit with dedicated gas line-perfect for gatherings year-round. The yard also includes a charming playhouse!
Ideally located at the end of a quiet cul-de-sac with a path to the dog park just steps away, this home offers space, comfort, & exceptional indoor-outdoor living in one of Rock Creek's most sought-after neighborhoods.
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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