209 HEWITT ROAD
About This Property
As you approach the front door, you will encounter a 3-tier water fountain and an elegant handrail at the steps. The enclosed front porch, complete with a ceiling fan and waterproof plank flooring, offers an ideal space for a home office or a cozy sitting room. Beyond the barn door, the living room boasts continuous plank flooring, a ceiling fan, and a breakfast nook with quartz counters, seamlessly connected to the kitchen.
The galley kitchen is equipped with Blue shaker cabinets, quartz countertops, an undermount sink, a black gooseneck faucet, a tile backsplash, and modern stainless-steel appliances. Sliding glass doors with built-in blinds lead to a spacious 20 x 12 deck, perfect for entertaining guests.
The two bedrooms feature closets and ceiling fans. The recently updated hall bathroom includes a white vanity, black faucets, a mirror, a light fixture, black fixtures, and subway tiles. The basement houses the laundry area, a newer heater & water filter system. A new hot water heater April 2025. Both the interior and exterior of the home have been freshly painted.
Recent upgrades include a new roof and septic system in 2024. The garage, with dimensions of 23 x 16 on one side and 23 x 20 on the other, has been updated with new siding, a roof, a side steel door, Pella windows, and exterior garage doors, making it suitable for a workshop, hobbies, or car collection. Additionally, there is a large storage shed for extra storage needs.
This delightful property is conveniently located just minutes away from shopping, restaurants, and major highways. To schedule a viewing, please provide 2 hours notice.
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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