20006 YELLOW LEAF TERRACE
About This Property
The gourmet kitchen is a chef's delight, outfitted with quartz countertops, stainless steel appliances, including a WiFi-enabled double oven, and a custom pantry highlighted by a stylish new farmhouse barn door. The renovated powder room features a SmartMirror, adding a touch of modern elegance.
Enjoy sunlit meals in the eat-in kitchen and relax in the family room, both equipped with custom, WiFi-enabled blinds. The main level and stairs showcase recently upgraded solid hardwood floors, while the living and dining rooms feature exquisite Italian marble.
A unique feature of this home is the bonus, finished two-car garage, which adds 600 square feet of living space to the main level. This versatile area is perfect for the remote professional, complete with a Mitsubishi mini split system for heating and cooling, custom cabinetry with electrical outlets, recessed lighting, and ample storage shelving.
The lower level is completely finished, featuring a walkout basement with a half bath. It also boasts a large recreation room, complemented by an additional storage area.
The outdoor space is equally impressive, with a spacious, manicured backyard that includes a Trex deck and a custom patio with a fire pit, ideal for four-season entertaining. Exterior floodlights enhance the ambiance, and a Ring Security system and solar-powered motion detectors along the home's perimeter. This home is a perfect blend of modern convenience and timeless elegance, designed for comfort and leisure.
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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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About Germantown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017