3 MORNINGSIDE DRIVE
About This Property
The exterior offers curb appeal with all new siding, a partial stone front, a newly seal-coated driveway, a fenced backyard, and a rear deck that's perfect for relaxing or entertaining.
Step through the front door into a large living room featuring beautiful hardwood floors, a stunning stone fireplace, recessed lighting, and an abundance of windows that fill the space with natural light. The living room flows seamlessly into the dining area and beautifully renovated kitchen. The kitchen showcases quartz countertops, a unique stone backsplash, ample cabinetry, all-new stainless-steel appliances, including a drink refrigerator, and pantry closet.
One of this home's unique features is its split-bedroom layout. The right side of the home offers two spacious bedrooms, a dedicated laundry area, and a full bathroom complete with a tub/shower combination.
On the opposite side of the home, you'll find two additional spacious bedrooms and a beautifully renovated full bathroom featuring a dual vanity, a tub/shower with eye-catching custom tile, and modern finishes.
And if you happen to need more space in this already spacious 2,166sqft home, the finished basement features a large open area with a second fireplace, 2 additional rooms, and a utility/storage area!
This home has been completely renovated from top to bottom, including all new windows, a new gas forced-air HVAC system, central air conditioning, updated interior and exterior finishes, new lighting, and modern fixtures throughout. The home also has a newer roof.
Don't miss your opportunity to own this beautifully renovated home in a prime location!
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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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About Millville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017