24244 KNOLLBROOK PLACE
About This Property
The main level offers a home office with French doors, formal living and dining rooms, and an upgraded kitchen-now featuring gleaming granite countertops, stainless appliances, double ovens, five-burner cooktop and generous island. Next there is a vaulted morning room with gorgeous views throughout and a large Trex deck overlooking preserved green space. Custom built-in cabinetry frames the family-room fireplace, adding both storage and architectural flair, while a remodeled powder room boasts a custom stone-topped vanity and modern fixtures.
Upstairs, five bedrooms and three full baths-including a primary suite with tray ceiling, sitting area and quartz-topped double vanities-offer flexibility and style.
The finished walk-out lower level adds a rec room, full bath, abundant storage, wet-bar rough-in and room to expand the rec room even larger, AND create a 6th bedroom- which would get the finished square footage of the house over 5,000sqft.
Thanks to exceptionally light usage and seller-funded improvements, this home truly feels brand new: in 2025 the floors were refinished and key surfaces refreshed; in 2024 every wall-inside and out-was repainted, windows recaulked and fitted with UV-blocking tint, new soffit vents and extra attic insulation were added, and all lighting and hardware were replaced; in 2023 the asphalt driveway, front walkway and landscaping were professionally redone; and in 2021 luxury vinyl plank in the basement and premium carpeting in the upper level were installed, new kitchen appliances and laundry-room cabinets added, garage-door openers gained battery backup and a battery-backed sump pump was installed. A dual-fuel HVAC system with owned propane tank and all-LED lighting keeps utilities exceptionally low.
Convenient to community trails, pool amenities and commuter routes, this meticulously maintained home combines timeless quality, abundant light and an incredible backyard-ready to welcome you home.
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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