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279 Vaden Avenue
About This Property
Abundant windows overlooking the backyard allow plenty of natural light to fill the main living spaces, creating a bright & open feel throughout. The kitchen offers plenty of cabinet & counter space, beautiful granite countertops & a gorgeous backsplash. A separate utility room features additional cabinetry for convenient storage & organization.
The spacious primary suite is privately situated & features an ensuite bath with dual sinks, relaxing garden tub, separate shower & large walk-in closet. Two additional split bedrooms are generously sized & feature large closets, with a second full bath conveniently located nearby.
Big-ticket updates have already been taken care of, including a new roof & new HVAC system with both interior & exterior units replaced, offering added peace of mind for the new owners.
Step outside to enjoy the large covered back patio, perfect for morning coffee, weekend cookouts or relaxing evenings outdoors. The spacious backyard offers plenty of room for kids, pets, gardening or entertaining, while a storage building provides additional space for lawn equipment, tools & more. With its functional split-bedroom floor plan, beautiful kitchen finishes, abundant natural light, major updates & wonderful indoor-outdoor living, this charming home is ready for you to move right in & make it your own!
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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