32 Ellen Court
About This Property
A private first-floor bedroom with direct backyard access is ideal for guests or in-laws. Full bathroom on first floor next to bedroom, and additional office room with French doors opening to the family room.
Upstairs, large hallway leads to four generously sized bedrooms and two beautifully finished full bathrooms. The primary suite features a walk-in closet with built-ins and a spa-inspired bath with double vanity, tiled shower, and linen closet. All bedrooms include double-door closets and new windows. Hardwood floors throughout 2nd floor. There are 3 linen closets on 2nd floor and 2 coat closets on 1st floor. Fully finished basement offers an expansive bonus living area with heating, cooling, insulated walls, vinyl flooring, utility room and a large laundry roomperfect for entertainment, recreation, fitness, or media use.
Outside, enjoy a fully fenced, private backyard with a brand-new deck and plenty of space to entertain. The property is beautifully landscaped with new sod, a paved front walkway and porch, and an oversized T-shaped driveway that easily accommodates eight or more vehicles.
Located in a peaceful community with excellent schools, and just minutes to shopping, dining, and NYC transportationthis is the one you've been waiting for.
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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