32 Albea Drive
About This Property
Highlights include:
Inviting living room featuring a rare, full-wall white brick fireplace
Stunning remodeled kitchen with quartz countertops, arched brick cooking alcove, porcelain tile flooring, soft-close cabinetry, and stylish backsplash
Deck with nearly new awning and steps leading to an expansive outdoor entertaining area with in-ground pool
Spacious finished lower level with a second full brick fireplace and convenient half bath, plus a sliding glass door to a screened-in room beneath the main-level deck
Mechanical upgrades including a Carrier gas hot-air furnace, Navien tankless hot water system, HydroTech water treatment system with UV treatment, and a newer well pump (approx. 8 years)
Why you'll love it: a turnkey, party-ready backyard with pool, deck, and screened room; major systems already updated; and a prime setting near the end of a quiet dead-end street. Two-car garage located underneath the home.
Well-kept homes in this location are in strong demand-don't wait. Schedule your showing 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