2102 71st STREET W
About This Property
This one is a beauty; all the work has been done for you! This property was updated in 2016 with a metal roof, A/C, hurricane impact windows, kitchen, appliances, bathrooms, flooring throughout which features gorgeous wood plank tile and marble flooring, the list goes on and on. This property is gorgeous and ready for its new owners! From the moment you drive up to the house you'll notice the beautiful corner lot with large driveway and circular driveway with plenty of room to park your cars plus there is even room to park an RV behind the private fence. Your eyes are drawn to the meticulously maintained exterior featuring hardboard siding, hurricane impact windows, lush landscaping, and metal roof. As you enter through the front door you will notice the open floor plan featuring many architectural features such as a corner fieldstone wood burning fireplace, vaulted ceilings, crown molding, wainscoting, built-in entertainment center (built ins in the master bedroom, living room and family room), and French Doors to the family room. The kitchen is sure to please the chef in the family and is great for entertaining. The kitchen features beautiful white cabinetry, white quartz counters, stainless steel appliances and breakfast bar. Just off the kitchen in the 20x20 garage which has a separate laundry room, epoxy paint chip floor with clear coat finish and built in sink. There are many upgrades throughout the 3 bedrooms PLUS Den/Office, family room, 2 bath executive home that it is sure to please the pickiest of buyers. Delightful split plan adds to privacy for your family or guests. In the master bedroom don't forget to look at the AMAZING walk-in closet featuring polished marble floors, custom built-ins, and center island with electric. There is also a beautiful master ensuite bath which has two vanities, a large walk-in shower and separate toilet room. Just off the living room through the French doors is an expansive 13ft x 30ft family room that offers stained pine ceiling, built-in entertainment center with built in lightening and Field stone to match the living room fireplace. This room offers wonderful natural lighting with full views of the large fully fenced in back yard (plenty of room for a pool). Finally, is the Den/Office, which is located off the family room. The Office/Den has 12' high walnut pecky ceiling and windows to the backyard. House construction for insurance purposes is masonry. 20% of the exterior perimeter is wood frame construction. Too many items to list.
Note: Property information received from third-party sources is considered reliable but is not guaranteed. All information should be independently verified by buyers and buyers' agent.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017