2403 ECCLESTON ST
About This Property
Who doesn't love a cape cod with a brand new kitchen!?!
Welcome to this delightful brick Cape Cod style home! This spacious 4 bedroom, 2 full bath gem is the perfect place to make memories and call home. Upon arriving, you will be impressed by the curb appeal, as well as the driveway that can accommodate at least 4 cars. Inside you'll be met by beautiful freshly refinished wood floors and a fresh coat of paint in the entire home! Lucky for you, there is a brand new kitchen with modern appliances and rich Blanca Statuarietto Quartz counters, as well as a designer tile backsplash ready for you to create delicious meals and enjoy in your eat-in-kitchen. There is a door leading to the back patio which could be perfect for dining al fresco! The main level offers two bedrooms and a full hall bath with a tub. The spa-like upper level with brand new carpet is home to two bedrooms - the primary bedroom features cathedral ceilings and a full bath with a large shower with a convenient seat, as well as tons of closets/storage space. The lower level has a huge rec room with brand new carpet, another room which could easily be a home office or exercise room, as well as a large laundry/utility room with door leading to rear yard. The huge, level fenced yard backing to trees is amazing with its patio, rich hardscape and an outdoor brick barbecue grill/fireplace perfect to enjoy all year around! RECENT IMPROVEMENTS: brand new windows; entire interior painted; wood floors stripped and refinished; new carpet on upper and lower level rec room and other subtle updates! All of this and a convenient location to major commuter routes and is walking distance to Forest Glen Metro. This location is near an abundance of shops and restaurants and there are plenty of parks and recreation areas nearby!
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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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About Forest Glen
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017