245 BRAEBURN CIRCLE
About This Property
Step inside to find a warm and inviting first floor, featuring gleaming hardwood floors and a beautiful wood-burning brick fireplace that serves as the centerpiece of the main living area. The updated kitchen is well-appointed with granite countertops and stainless-steel appliances, offering both functionality and style. A dedicated dining room provides an ideal space for hosting meals, while a large first floor office offers flexibility for remote work or quiet retreat. This level flows seamlessly, creating a perfect setting for both everyday living and entertaining.
Upstairs, you'll find four spacious bedrooms, including a primary suite with an updated en-suite bathroom and large walk-in closet. The additional renovated full bath serves the remaining bedrooms, each offering ample closet space and natural light. This upper level provides comfort and privacy throughout.
The partially finished basement adds even more versatility, ideal for a media room, home gym, playroom, or guest space, whatever suits your needs.
The backyard offers an exceptional outdoor experience, thoughtfully designed for both relaxation and entertainment. With multiple distinct gathering areas-including a screened-in porch, elevated deck, and a generous brick paver patio-this space invites you to host, unwind, and enjoy the outdoors in comfort. A large shed with windows adds charm and versatility, while the yard backs to a peaceful common area and a wide-open field creating a serene setting that feels like your own private retreat.
Located in a quiet cul-de-sac in a family-friendly neighborhood, residents enjoy convenient access to shopping, dining, recreation, and top-rated schools.
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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