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2269 Barrington Drive
About This Property
Step inside to a sophisticated, light-filled interior. The heart of the home is a magnificent open living room featuring towering vaulted ceilings anchored by rich wooden beams. The gourmet kitchen is a chef's dream, beautifully appointed with gleaming granite countertops, a classic gas range, and elegant white cabinetry that extends to the ceiling. It flows seamlessly into a sunny dining area, creating an inviting space for family gatherings.
The primary suite serves as a private retreat, featuring an expansive closet and a luxurious bath with a smart Bluetooth-enabled tub light. Two additional bedrooms share a pristine Jack-and-Jill bathroom equipped with motion-sensor lighting. Modern comforts abound, including a whole-house water softener, a smart thermostat, a Blink doorbell, and high-speed fiber internet capability. The pristine garage space is remarkably versatile, currently utilized as an elite home gym with heavy-duty rubber flooring.
The outdoor living space is a true backyard oasis. A massive covered brick patio looks out over a sprawling, fully fenced yard and an inviting pool. The property offers an unmatched lifestyle layout, backing up directly to a peaceful community sports field that easily integrates into a private 3-mile walking loop. Enjoy absolute peace of mind in this safe, friendly neighborhood with wonderful neighbors who look out for each other, and spend your mornings on the back porch watching cattle graze in the distance. Complete with a rigorously maintained aerobic septic system, a certified AC unit, and a regular pest control schedule, this home is entirely turn-key.
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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