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2002 Shadow Bend Drive
About This Property
The main living areas feature new engineered hardwood flooring, complemented by new carpet in the secondary bedrooms and porcelain tile in the bathrooms. Fresh interior paint, new door hardware, recessed lighting, and unique designer lighting and plumbing fixtures elevate every space.
The fully remodeled kitchen is a true showstopper, offering a modern two-tone design with two spacious islands, a separate pantry closet, and brand-new stainless steel appliances including a 36-inch range, built-in microwave, dishwasher, and island vent hood. A stylish dry bar with a wine fridge adds the perfect touch for entertaining.
All three bathrooms have been renovated with quartz countertops, porcelain tile, new cabinetry, and custom shower niches for a luxurious feel.
This home blends modern elegance with everyday functionality.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017