315 Nanners Way
About This Property
The thoughtfully designed kitchen features a large island, space for a breakfast nook, a walk-in pantry, and a bar area-perfect for entertaining. The open-concept layout flows into a cozy living room with a fireplace, creating a warm and inviting atmosphere. If guests prefer outdoor entertainment, head out to the landscaped backyard with patio, providing not only ample space for large gatherings, but also the privacy of a corner lot with no rear neighbors.
The primary suite offers a grand double-door entry, ample storage, a walk-in closet, and an en-suite bathroom with a walk-in tub and separate shower.
With over 4,037 sq. ft. of living space, this home includes six bedrooms and four baths, with one bedroom/office on the main floor-ideal for guests or a home office. Two master suites provide added flexibility for multi-generational living. The elegant marble flooring enhances the home's sophistication.
Additional features include an indoor laundry room, a two and a half garage with freshly coated epoxy flooring, two air conditioning units for the first and second floors, and a backyard patio ready for gatherings and barbecues. Conveniently located minutes from shopping, dining, hospitals, and top-rated schools, this home offers the perfect blend of comfort and convenience.
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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