292 Arthur Street
About This Property
Upstairs, enjoy hardwood floors throughout the hallway, living room, dining room, and bedrooms. The updated kitchen includes granite countertops, stainless steel appliances, undercabinet lighting, radiant heated tile flooring, and a center island. The formal dining room opens to a wood deck with a 20' electric retractable awning, perfect for seamless indoor-outdoor entertaining and enjoy amazing sunset views. Additional highlights include Andersen Series 400 windows (including bow and sliding glass), crown moldings, updated lighting, and a renovated full bath with double vanity, tub, and tile floor.
The main level offers two multi-purpose rooms, an updated full bath with walk-in shower and swing glass doors, and three storage closets. This level also features radiant heated tile floors, two upgraded ceiling fans, and direct access to the yard through Andersen sliders.
The rear yard is a true retreat, boasting a wood deck, brick pavers, PVC fencing with 12' gate, in-ground sprinklers, and 75' of vinyl bulkhead with a floating dock-ideal for boating and waterfront enjoyment.
Additional key features include central A/C (2023), 2-car garage with automatic Wi-Fi-enabled garage doors with integrated lighting and security cameras. There's also a separate laundry area with gas dryer, an updated gas boiler from 2012 with indirect hot water heater, 200-amp electric service, a hardwired security system with cameras, 50 Year architectural roof shingles (2006), and a usable attic equipped with lighting, a fan, and plywood flooring for additional storage.
This is a rare opportunity to own a move-in ready waterfront home with quality updates, flexible space, and private water access in the heart of Freeport.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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