2216 SEQUOIA DRIVE
About This Property
Completely renovated in 2022, this residence blends modern updates with comfort and quality. The exterior was upgraded with cement board siding in 2023 for durability and low maintenance, along with new insulation in the attic and added air returns for improved energy efficiency. Fresh interior paint was complete in 2022 and exterior paint updated in 2024, enhance the home's inviting appeal.
Major systems have all been updated: roof (2021), HVAC (2018), electrical panel (2022), and hot water heater (2010). The kitchen shines with new appliances including a NEW stove (2025), refrigerator, microwave, and dishwasher (2022), while the washer and dryer (2023) complete the move-in-ready experience.
Residents can enjoy access to the clubhouse, fitness center, and community pool in this deed-restricted neighborhood. Enjoy peace of mind knowing the the HOA fee covers cable, pool, lawn care, sprinklers, and fencing.
Don't miss this rare double-lot home with a spacious garage and extensive upgrades truly offers something special-comfort, convenience, and value all in one!
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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