2864 Saint Johns Road
About This Property
The crown jewel of this fine home is the magnificent gourmet eat-in kitchen. It boasts radiant heated floors, custom cabinetry with convenient pull-outs, granite countertops, a stainless steel farmhouse sink, and a breakfast bar peninsula. High-end stainless steel appliances include a Thermador double oven and cooktop, alongside a Bosch microwave. The main level offers incredible flexibility with a dedicated home office, a comfortable den with backyard access, and a gorgeous tiled full bathroom with a soaker tub
Upstairs, the bamboo hardwood flooring continues across three bright bedrooms, highlighted by a primary suite featuring skylights and a custom wardrobe closet with closet systems. A beautifully updated second-story full bathroom features floor to ceiling tile, a shower with custom glass sliding doors and a large vanity with glass top and glass bowl sink an a bright skylight.
Additional features include a full basement with a laundry room, gas cooking, a new gas boiler and hot water heater, a brand-new roof, and 200-amp electrical service. Stay comfortable year-round with a 3-zone gas heating system regulated by Nest thermostats. The exterior completes the package with a screened-in porch, a private yard, and a detached 1.5-car garage. Truly a turn-key gem!
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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