313 NOWELL LOOP
About This Property
Step into this impeccably maintained home and prepare to be amazed! From the moment you enter, the soaring volume ceilings, open-concept layout, water softener, all appliances including washer and dryer and thoughtfully designed split-bedroom floor plan create an inviting and spacious atmosphere. One of the MANY upgrades is a whole house Generator that runs on natural gas!
The chef's dream kitchen is a true highlight, featuring an oversized roll-out pantry, abundant cabinetry, and a charming breakfast nook perfect for casual dining. The primary suite offers a peaceful retreat, with a totally upgraded classy bathroom complete with decorative tile and grab bars. The two additional bedrooms provide comfort and versatility-one of which has been transformed into an adorable private movie theater!
Outside, the lush landscaping and meticulously maintained gardens make this home a paradise for nature lovers and outdoor enthusiasts. The back yard also features new brick paver patio complete with a fire pit. This home is a one-of-a-kind With its blend of elegance, functionality, and unique touches, this home is truly a must-see! Plus the entire yard is totally fenced in and NO rear neighbors JUST peaceful conservation.
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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