2402 169th Street
About This Property
From the moment you step inside, you'll be greeted by the warm glow of recessed lighting, illuminating the pristine hardwood floors that flow throughout the home. The updated windows invite an abundance of natural light into each room, creating an atmosphere that is both inviting and serene.
The heart of the home, the kitchen, has been thoughtfully updated with stainless steel appliances. It's an ideal space for preparing your favorite meals. The home also features a central air system, gas heating, and a new hot water heater, ensuring year-round comfort.
Step outside to discover your own private oasis. The backyard is a perfect blend of manicured lawn and a beautiful stone patio, ideal for entertaining or simply relaxing in the great outdoors. A beautiful and convenient electric awning to escape the sun or the rain. The property also offers an in-ground sprinkler system in the front and back, and a two-car detached garage equipped with an electric door opener and additional storage space.
The full finished basement adds another level of living space, complete with a gorgeous full bathroom. The house has been entirely updated with sheetrock, replacing all plaster for a sleek and modern finish. The exterior of the home is just as impressive, with updated roof, siding, and Andersen windows, all surrounded by professionally landscaped grounds.
This residence is located on a sidewalk-lined street, creating a welcoming community environment. The local area offers a wealth of amenities, ensuring everything you need is within reach.
With a property tax of $8,897.92, this beautifully updated home offers an excellent value for its location and features.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017