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30 Johnstone
About This Property
Upon entry, you're greeted by a grand central hallway flanked by a spacious formal living room with a wood-burning fireplace and a refined formal dining room - ideal for entertaining. The gourmet kitchen features custom cabinetry, high-end stainless-steel appliances. A cozy family room leads into oversized and lush professionally landscaped backyard. Additional office, and powder room complete the main floor.
Upstairs, the expansive primary suite includes a walk-in closet and a luxurious en-suite bath. Two additional bedrooms and a full hall bathroom provide ample space for family and guests. The finished lower level with full bathroom offers versatile and ample space for a home office, gym, or playroom, along with a laundry area and storage.
Located within the Great Neck school district and close to LIRR, parks, transportation, shopping, and houses of worship, this home offers both tranquility and convenience. Don't miss this rare opportunity to own a true Great Neck classic.
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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