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2701 GARRETT ROAD
About This Property
A multi-car driveway provides ample parking and leads to this inviting residence, where you'll step into a welcoming foyer and head up to the sun-filled main living level. Here, hardwood floors flow throughout the spacious family room, highlighted by elegant crown molding, a cozy wood-burning fireplace, and large windows that fill the space with natural light.
The adjoining kitchen features ceramic tile flooring, a dedicated dining area, and direct access to the outdoors through a sliding glass door-perfect for everyday living and entertaining. Step outside onto the wraparound deck and enjoy peaceful views of your private acreage.
The main level is completed by three well-sized bedrooms and a full hall bath with a tub/shower combination, offering both comfort and functionality.
Downstairs, the finished lower level provides a versatile recreation space with a second wood-burning fireplace-ideal for relaxing or hosting gatherings. This level also includes a utility room with laundry and interior access to the extended one-car garage, adding convenience and additional storage.
Significant updates include a roof replacement (2021), a two-zone boiler system (2021), and a recently serviced septic system with a new baffle (2024), offering peace of mind for years to come.
Tucked away in a serene setting, 2701 Garrett Rd presents a unique opportunity to enjoy quiet living with plenty of space-both inside and out. Don't miss it!
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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