331 EASTERN AVENUE
About This Property
Inside, you'll find an open-concept floor plan with soaring ceilings, abundant natural light, upgraded modern fixtures throughout, and a cozy working fireplace perfect for entertaining or relaxing evenings at home. The fully remodeled kitchen is a true showpiece, featuring trendy grey-coated oak cabinetry, high-grade Calcutta quartz countertops with a stunning waterfall island, and a dedicated coffee bar designed for everyday convenience and style.
The luxurious primary suite showcases a completely renovated spa-inspired bathroom with floor-to-ceiling tile, a standalone soaking tub, double vanity, and all-new designer fixtures. Two additional bedrooms have been recently upgraded with luxury vinyl flooring and brand-new ceiling fans. A spacious loft currently functions as a fourth bedroom, while an additional flex room offers endless possibilities for a home office, gym, playroom, or guest space. Outside, the oversized driveway accommodates approximately eight vehicles, making this property ideal for gatherings and entertaining. Major updates provide peace of mind, including a brand-new roof (2025) and brand-new septic system (2025).
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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%.
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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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About St. Cloud
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$999 /mo
- 1 Bed
- 1 Bath
- 512 ft²
$2,500 /mo
- 3 Beds
- 3 Baths
- 1,863 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017