262 Whimsical Ave
About This Property
The well-appointed kitchen offers granite countertops, stainless steel appliances, a pantry, breakfast bar seating, and generous cabinet and prep space. Upstairs, laminate vinyl plank flooring adds both style and durability throughout the upper level. The spacious primary suite provides a comfortable retreat with a ceiling fan, large walk-in closet, and a five-piece bath complete with a soaking tub. Three additional bedrooms, a full bath, bonus area perfect for a tech center or study space, and conveniently located upstairs laundry room provide flexibility for a variety of living arrangements and lifestyle needs.
Situated on one of the larger lots in the community, the outdoor space is just as impressive as the interior. Enjoy the expansive backyard featuring mature trees that provide wonderful shade and privacy, creating an inviting space for outdoor gatherings, gardening, play, or peaceful evenings outdoors. The fully fenced yard also includes a spacious deck and sprinkler system. A covered front porch and central air conditioning further enhance the home's comfort and curb appeal. Conveniently located near parks, trails, shopping, dining, and commuter routes, this move-in-ready home offers the ideal blend of modern updates, generous outdoor space, and everyday convenience.
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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