30 CYPRESS LANE
About This Property
Upstairs, the generous primary suite includes a large walk-in closet and a luxurious en suite bathroom with dual granite vanities, a jetted jacuzzi tub, and an oversized shower with dual showerheads. Three additional sizeable bedrooms-one with a walk-in closet-share a full bathroom with double granite vanities and shower/tub combo. The laundry room is conveniently located on the upper level and includes cabinetry and a utility sink for added functionality.
The unfinished basement provides a blank canvas to create your dream space. Outside, enjoy fresh landscaping, the peace and privacy of a fenced backyard that backs to mature trees, plus a 12x20 storage shed complete with electricity and a window A/C unit. This beautiful home offers a serene and peaceful retreat while being just minutes away from all the vibrant amenities this city has to offer. Located in a quiet, established neighborhood, the property combines the best of both worlds: a private, wooded lot with easy access to major roads, shopping, dining, and entertainment.
Seller is motivated! Willing to negotiate closing cost assistance if needed! Lender credit (1%) being offered. See documents for more information! Schedule your showing today!
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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