20 Westbridge Drive
About This Property
The chef's kitchen is thoughtfully designed with custom cabinetry, a double wall oven unit, generous pantry space, and a center island featuring a wine fridge and built-in drawer microwave, along with all stainless steel appliances - perfect for both everyday living and entertaining. All five bedrooms are conveniently located on the second floor, including a spacious primary bedroom with en-suite bathroom and a full hall bathroom. The laundry room is also conveniently located on the second floor.
The exterior is equally impressive and updated, offering fully turfed front and rear yards, extensive custom masonry and new driveway, with a matching wrap-around porch that enhances the home's classic Victorian charm. Designed for entertaining, the backyard features a custom outdoor kitchen complete with pizza oven, cooktop, BBQ grill, refrigerator, and outdoor fireplace. As well as a semi-inground custom paver pool with waterfall and deck that matches the rest of the masonry throughout the property. Additional highlights include a finished garage with kitchenette space, half bathroom, and loft space for storage. This home also features a finished attic ideal for further entertaining, with built-in wall seating, a dry bar, and a pool table. A rare opportunity to own a truly turn-key home with exceptional indoor and outdoor living in Babylon Village.
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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