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2936 LEVEE DRIVE
About This Property
Main-level living at its finest, this home features "hand-scraped" engineered flooring, a gourmet kitchen with a huge center island, quartz counters, a built-in wine fridge, a large pantry, and much more! Off the kitchen are a large eating area and living room. The living room features built-in 5.1 surround sound. There is a formal dining room with a tray ceiling and wainscoting.
The primary suite features the primary bedroom with a tray ceiling. The en-suite bath has a "double-headed" shower, double vanity, and linen closet. The large walk-in closet has custom-built organizers!
On this main level, there are 2 more bedrooms as well as a 2nd full bath.
Enjoy the outdoors - here you have your choice of the screened porch with skylights and a "Trex" deck with a motorized awning!
The lower level has a huge Recreation Room with "LVP" flooring and an office with a"barn" sliding door. There are two storage areas as well. as an areaway walkout.
The exterior of the home is maintenance-free! There also is an underground irrigation system!
Even the garage floor has an epoxy coating!
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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