3305 4th Street
About This Property
This beautifully appointed 5-bedroom, 2-bath residence offers the perfect blend of versatility and everyday functionality, thoughtfully designed for modern living. A standout feature is the first-floor bedroom and full bath, ideal for guests, multi-generational living, or a private home office setup. Inside you can enjoy 2 woodburning fireplaces, gleaming hardwood floors, granite countertops, and stainless steel appliances, all wrapped in a bright, inviting layout that feels both elevated and comfortable.
Downstairs, a fully finished basement with a separate outside entrance unlocks endless possibilities - featuring a dedicated exercise room/den plus expansive bonus space perfect for extended living, recreation, or hosting.
The backyard patio and gazebo create the perfect setting for summer nights, entertaining, or simply unwinding in your own serene escape. And then there's the convenience - an extended driveway with parking for 6+ cars (a rare find), plus proximity to local amenities, shopping and the LIRR with 24 daily trains to the city. Daily living is effortless!
Located in Flood Zone X (no flood insurance required), this home delivers both peace of mind and long-term value. Space. Flexibility. Lifestyle. Location. This is the kind of home that checks every box - and then some.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017