39
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305 BISHOP AVENUE
About This Property
Upon entering, you are welcomed by a spacious living room to the right and a formal dining room to the left, creating flexible spaces for entertaining and everyday living. The main level features hardwood flooring throughout, adding warmth and elegance to the home. The heart of the home is the beautifully appointed kitchen featuring granite countertops, cherry cabinetry, stainless steel appliances, and a bright eat-in area. The kitchen also features a door with etched glass that opens into the backyard. A convenient powder room and main-level laundry area complete the first floor.
Upstairs, you'll find three bedrooms and two full bathrooms with comfortable carpeting throughout the second level. One of the secondary bedrooms is generously sized, offering flexibility for a variety of needs. The primary suite features his-and-her closets, including a walk-in closet, along with a spacious en suite bathroom complete with a jacuzzi tub and separate shower.
The unfinished basement offers excellent potential for future expansion and already includes a rough-in for an additional bathroom. Additional highlights include dual-zone heating and air conditioning for comfortable temperatures on each level along with owned solar panels under warranty that help capture the majority of the home's electricity costs.
Rebuilt from the existing foundation in 2012, this home combines the charm of an established neighborhood with the benefits of newer construction.
For inquiries please contact the co-listing agent.
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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%.
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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