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3105 BALDWIN AVENUE
About This Property
Inside, two separate living areas provide plenty of room to spread out, relax, and entertain. The updated kitchen features a PASS-THROUGH BAR opening directly into the great room. Grab your bar stools and get ready to pass your favorite beverages through. A LARGE INDOOR LAUNDRY ROOM adds even more everyday convenience.
Step outside and check out this backyard! The fenced yard features a PLAYGROUND ready for hours of fun, plus plenty of room to create your own garden. Bring your patio furniture and unwind in the COVERED LANAI while enjoying the Florida lifestyle. A storage shed provides additional storage beyond the TWO-CAR GARAGE.
NO HOA means added flexibility for your trucks, boat, RV and recreational toys. There's even an RV PLUG installed in the garage.
Many of the big-ticket improvements have already been completed, including ALL NEW PGT WINDOWS (2024), NEW ELECTRICAL PANEL (2025), GENERATOR HOOKUP (2025), FENCING (2025), WATER HEATER (2023), and a PRIMARY BEDROOM MINI-SPLIT (2024). Love sleeping extra cool? The mini-split lets you cool the primary bedroom without freezing everyone else in the house! The kitchen was updated in 2018, and the roof was replaced in 2016. Backflow was redone in 2025 and inspected in 2026.
Connected to PUBLIC SEWER and ready for its next owner. NO HOA, two living areas, large indoor laundry room, fenced backyard, playground, covered lanai, extra storage and room for your recreational toys. Come see all the possibilities this home has today!
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Cap Rate Calculator
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