205 Saddle Road
About This Property
Beautifully updated and move in ready, this stunning 2 bedroom, 1.5 bath home is filled with designer upgrades and an incredibly functional layout that makes the home live much larger than its footprint. From the moment you step inside, you will notice the gorgeous hand scraped solid wood floors flowing seamlessly throughout the entire home, creating warmth, character, and timeless style.
Fresh neutral white paint throughout gives the home a bright and modern feel while highlighting the upgraded finishes. The massive open living and dining space is centered around a charming antique style wood burning fireplace that creates the perfect focal point for the home. To the left of the fireplace is a dedicated space ideal for a TV or custom storage cabinetry, while to the right a back door leads directly to the quaint, fully fenced backyard.
The kitchen flows beautifully into the living and dining areas with a convenient bar that opens to the main space, making it ideal for entertaining or everyday living. Granite countertops and upgraded finishes complete the kitchen with both style and durability.
The highly desirable split bedroom layout provides excellent privacy and functionality.
Outside, enjoy a spacious backyard with a new fence installed within the last year, plus a double car carport with three walls, electricity, and lighting that is perfect for covered parking, a workshop space, or additional storage.
The double lot creates a rare opportunity for a larger yard, future expansion, additional outdoor living space, or other possibilities.
Homes with this level of upgrades, character, and land are hard to find. Schedule your showing before this one is gone.
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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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About Plainview
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017