23 YALE DRIVE
About This Property
The sunken formal living room features hardwood floors and recessed lighting, with a private adjoining office offering vaulted ceilings, hardwood flooring, recessed lighting, and an abundance of windows that fill the space with natural light. The formal dining room, also featuring hardwood floors, provides an elegant setting for gatherings and flows seamlessly into the stunning, updated kitchen.
Designed with both style and functionality in mind, the kitchen features upgraded countertops, a JennAir built in refrigerator and a JennAir built in freezer, a Monogram wall oven, a built in Miele coffee system, a wine refrigerator, and an electric cooktop. The kitchen opens to a sun drenched sunroom with tile flooring, expansive windows, and a skylight that fills the space with natural light. A sliding glass door leads to the deck and paver patio, creating a wonderful extension of the living space and the perfect setting for entertaining, relaxing, or enjoying the outdoors.
The inviting family room offers hardwood floors and a beautiful wood burning fireplace, creating a warm and cozy atmosphere for quiet evenings or gathering with family and friends. A conveniently located main level bedroom provides flexibility for guests or additional living needs. A half bathroom, well appointed laundry room with cabinetry and a utility sink, and direct access to the two car garage complete this level.
Upstairs, the spacious primary suite serves as a private retreat, featuring hardwood floors, a wood burning fireplace surrounded by stacked stone, and two walk in closets. The beautifully appointed en suite bathroom offers a luxurious Jacuzzi tub, dual floating vanities, and a separate walk in shower. Three additional generously sized bedrooms feature hardwood floors and recessed lighting, while the remodeled hall bathroom showcases stylish tile flooring and walls, a contemporary floating vanity, and a glass enclosed shower.
The finished basement adds exceptional versatility, offering an expansive entertaining area with tile flooring and recessed lighting, a separate room featuring a sauna, and a full bathroom with a walk in shower. Additional storage space provides practical convenience while keeping everything organized.
Beautifully updated throughout and thoughtfully designed to accommodate a variety of lifestyles, this exceptional home in Northampton Chase offers generous living spaces, quality finishes, abundant natural light, and wonderful indoor outdoor flow.
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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