2811 64TH AVE
About This Property
This home boasts one of the largest footprints in the Town of Cheverly at 2,744 SF! This spacious raised ranch rambler has been beautifully cared for, freshly painted throughout, and is ready for you to move in. Combining charm and contemporary features, like ample closet space, large bedrooms and an attached garage (with EV charging), 2811 64th Ave can suit any buyer's needs.
On the main floor you will find a bright living room, with a fireplace and large windows, and a kitchen/dining combination with abundant storage and counter space. The rich hardwood floors flow down the hall, into the three sizable bedrooms. There are two colorful full bathrooms on this level: one in the primary suite and one in the hall.
Off the kitchen/dining is a newly constructed deck that leads to a grassy yard with new fence, stone-lined flower beds and native plants. The backyard has access to the 1-car garage and rear-entry driveway.
The lower level features the versatile and large family room with built-ins. There is also a bonus room (guest room, office, media room, etc.), a full bathroom, the laundry room, a utility room with storage, and interior garage access on this level.
This home is across from the best of Cheverly's 13 parks. Town Park, host of the Farmer's Market, also features the community center, the public works department, the Woodworth Trail, sporting fields, and the Cheverly Police Department. Given its proximity, you can watch the Cheverly Day Fireworks from the comfort of your own deck!Less than one mile to the Cheverly Metro station and even less to Route 50, this location is perfect for lifestyle and commuting. Welcome home!
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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%.
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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