3036 Birch St
About This Property
the abundance of natural light flowing through newer windows. This home also boasts elegant architectural details like arched doorways and coved ceilings. The inviting floor plan offers a cozy living room centered around a classic fireplace effortlessly flowing into a bright dining area enhanced by a bar-height counter leading to the kitchen. The updated kitchen features stainless steel appliances, built-in glass cabinetry, and a double sink. Two spacious main-floor bedrooms boast large closets, ceiling fans, and generous windows, and share a beautifully appointed full bath.
A standout feature of the home is the expansive light-filled family room that opens onto a private patio with retractable awning. The fenced backyard is ideal for gardening, pets, or lively outdoor entertaining. The family room also creates a seamless connection to the attached two-car garage with an EV charger. The lower level has a fully finished basement with spacious flex room including a fireplace, large laundry area, 2 generous bedrooms and a 3/4 bathroom. Use the lower area as a ADU with a small kitchenette.
This home has been meticulously maintained with a ton of features and upgrades including newer roof, solar panels, electrical panel, newer HVAC, newer windows on the main level, newer sprinkler system, and newer sewer line.
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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