225 CARRINGTON Way
About This Property
Upon entering, you'll be welcomed into a charming foyer that leads to the first bedroom on the right. Continuing down the hallway, you'll find another bedroom and a full bathroom conveniently situated for easy access. The hallway also features essential storage solutions including a coat closet and a linen closet. As you proceed, the space opens up into a stunning open-concept living and dining area, creating the perfect environment for family gatherings and entertainment. The primary bedroom, located off this main living space, offers privacy and tranquility with its en-suite bathroom featuring a large walk-in closet, soaking tub, and separate shower.
The kitchen, a chef's delight, overlooks the family room and includes solid surface countertops, pristine white cabinets, and top-of-the-line stainless steel appliances, including a 5-burner gas stove and self-cleaning oven. The layout ensures that family and guests can interact effortlessly.
Notable features include a gas fireplace in the living room, which can also burn natural wood, adding a cozy ambiance to the home. The property is equipped with vinyl siding, insulated windows, a shingle roof, and a beautifully maintained fenced backyard with a patio and small storage shed. Safety and convenience are paramount with smoke detectors, carbon monoxide detectors, and security lights installed throughout.
The two-car garage is accessible via a level driveway with a steel side door from the outside, providing secure and practical entry to the home.
Residents enjoy access to the subdivision's clubhouse, pool, tennis courts, and street lights, with proximity to schools, shopping, trails, and greenways enhancing this ideal location.
Make 225 Carrington Way your new home where functionality meets elegance in a community designed for an active and fulfilling lifestyle.
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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