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20 VANDERBILT Avenue
About This Property
Step inside to an expansive open-concept first floor, where 7-inch DuChateau natural wood floors run throughout. The elegant dining area seamlessly flows into the gourmet kitchen, featuring a large Caesarstone island and stainless steel appliances from Bertazzoni, Bosch, and Liebherr. Beyond the kitchen, the living area extends onto the private patio and garden, fully equipped with gas, electric, and water hookups for effortless indoor-outdoor living. As an added bonus, beyond your private yard lies the community's 30,000-square-foot private park, a lush retreat with walkways and seating areas.
The second floor hosts two spacious bedrooms, a full bathroom, and a large laundry room. The third floor is dedicated to the primary suite, complete with a spa-like en suite bathroom featuring heated floors, a deep soaking tub, a free-standing shower, and a double vanity. A fourth bedroom offers flexibility as a guest room, office, or nursery.
If that weren't enough, the fully finished basement provides even more living space, complete with a half bathroom and multiple walk-in closets, making it perfect for a media room, gym, or playroom.
Located just blocks from Fort Greene Park, Myrtle and DeKalb Avenues" top restaurants, and the Brooklyn Navy Yard-a rapidly growing hub for tech, film, and urban innovation-this home offers a perfect balance of tranquility and city vibrance.
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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%.
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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