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247 WINDSOR Place
About This Property
Lovingly and thoughtfully redesigned, 247 Windsor Place has been reconfigured to provide modern conveniences while preserving original charm. Several rooms and features have been updated, and the home's staircase has been repositioned to create a grand, open layout.
A peaceful, friendly atmosphere awaits on Windsor Place. Neighbors and cozy shops greet you to create a community feel, and as you make your way to 247 Windsor Place, the home's warm brick facade and open porch further welcome you home.
Upon entering 247 Windsor Place, you'll notice fabulous natural light, coffered ceilings, and beautiful hardwood floors. A decorative fireplace nook set off the entrance is an ideal place to drop shoes, bags, and bustle from the day. Lovely details are peppered throughout the home - from stained glass to original wood features.
On the home's main floor, a gracious, full dining room flows between a living room and renovated kitchen. The kitchen has been updated to include marble countertops, Bosch appliances, and oversized windows. A custom eat-in nook overlooks the home's evergreen yard.
Up the home's stairs to the second floor, you'll find three bedrooms and a full bathroom. Large windows and skylights bathe this floor in natural light.
The home's lower floor has been updated to include ample storage, a bedroom and full bathroom, and a large laundry closet. Polished concrete floors and energy-efficient mechanicals have been added as well, including three-zone hydronic heating and an on-demand hot water tank.
Windsor Terrace is a peaceful community off Prospect Park. While Windsor Place is indeed serene, you're only seconds away from all conveniences.
A grocery store and pharmacy are just around the corner. Every Wednesday there's a farmer's market two blocks away. Daytime Coffee and Terrace Books, neighborhood staples, are less than a block away, and of course, Prospect Park is at your doorstep. Both PS 154 and the F/G trains are less than a block away, as well.
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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