2249 SE 50TH TERRACE
About This Property
From the moment you step inside, you'll notice the warm, welcoming vibe. The living spaces feature modern laminate flooring, while the bathrooms and kitchen are finished with tile in all the right places. The heart of the home-the kitchen-boasts sleek granite countertops that invite you to cook, entertain, and create memories. On cooler evenings, gather around the cozy fireplace that anchors the spacious living room, filling the space with comfort and charm.
One of the standout features is the large covered lanai, perfect for BBQs, morning coffee, or relaxing weekends outdoors. Whether you're hosting family and friends or enjoying quiet time, this outdoor space extends your living area beautifully.
With top-rated schools nearby, this home isn't just about style-it's about smart choices. A new roof in 2022 and a new HVAC system in 2021 mean big-ticket items are already handled for you.
Located close to shopping, dining, parks, and riding trails, this is the ideal place to call home. Homes in Pine Oaks Estate don't last long-schedule your private tour today and experience what makes this property stand out!
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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