2981 Chavez
About This Property
The private primary retreat is a showstopper, offering a cozy two-sided fireplace, a spacious sitting area, custom walk-in closet, spa-inspired ensuite bath, and an exclusive wet bar that creates the perfect space to unwind after a long day. Elegant finishes including travertine flooring, crown molding, plantation shutters, and central heating and air conditioning elevate the home's timeless appeal.
Step outside into your own private backyard oasis designed for year-round entertaining. Enjoy evenings around the fire pit, relax beside the tranquil cascading fountain, or host unforgettable gatherings with the fully equipped outdoor kitchen featuring granite countertops, built-in BBQ, refrigerator, and TV hookups under the covered patio.
Complete with leased solar, an attached two-car garage with a smart garage door opener, and located just minutes from shopping, dining, schools, parks, and major freeways, this is the lifestyle buyers have been waiting for. Homes offering this combination of thoughtful upgrades, versatile living space, and resort-style outdoor amenities rarely come to market. Don't miss your opportunity to make it yours.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017