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3279 Stuart St
About This Property
A welcoming front porch sets the tone for the warm, inviting interior. The thoughtfully designed floor plan features three spacious bedrooms on the upper level, including a luxurious primary retreat complete with a spa-inspired wet room, an expansive custom walk-in closet with built-ins, and a private deck with a hot tub-your own personal sanctuary.
Designed for entertaining, the backyard is nothing short of spectacular. An expansive outdoor living room with a built-in television, spacious patio, tranquil fountains, and a fire pit creates the perfect setting for gatherings year-round. The generous lot also offers a large lawn and a dedicated side yard with beautifully established raised garden beds, providing space to relax, garden, and play.
The finished basement is an entertainer's dream, featuring an included full theater area, stylish wet bar, guest suite, game and pool table space, and a dedicated fitness area-offering endless flexibility for recreation, hosting, and everyday living.
Completing the home is a rare fully finished three-car garage with abundant storage and functionality.
In a neighborhood where walkability is everything, enjoy easy access to neighborhood parks, award-winning restaurants, boutique shopping, local coffee shops, and the beauty of Sloan's Lake. Exceptional indoor and outdoor living, an incredible floor plan, and an unbeatable location make this West Highlands home a truly rare offering.
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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