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24 Canary Road
About This Property
Inside, the bright and comfortable layout makes wonderful use of the space, with predominantly laminate flooring along with hardwood. Modern conveniences and efficiency haven't been overlooked, with ENERGY STAR qualified appliances, central air, an efficient electric heat-pump system, tankless hot water and a whole-house dehumidifier. A roof replaced just one year ago adds another significant improvement and another chapter to a home that has already stood the test of time.
Step outside and you'll discover what may become your favorite part of the property. The fully fenced backyard has been transformed into a welcoming outdoor retreat made for summer afternoons, dinner outside, evenings under the stars and gathering with the people you enjoy most. An inground 8-zone smart sprinkler system helps keep the grounds looking their best, while the private driveway and detached garage provide additional parking, storage and versatility.
And there's more to enjoy just beyond home. The North Shore Rail Trail is approximately 0.2 miles away and the North Shore beach approximately 1.1 miles away-two terrific local amenities that add another dimension to this North Shore setting. And here's another number worth noticing: annual property taxes of just $4,897.75.
Quaint, comfortable and thoughtfully improved, 24 Canary Road brings together a century of character with the conveniences and efficiencies of today. Maybe it's time to stop wondering what your next home will look like.
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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%.
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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