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347 Birchwood
About This Property
Every inch of the interior is brand new, featuring a designer kitchen, upscale baths, fresh flooring, modern paint, premium appliances, and all-new plumbing and lighting fixtures. Designed for ultimate comfort and accessibility, the home features a level-entry layout that flows into two separate living areas, a formal dining room that opens to the extra large deck, and a cozy family room. Entertaining deck overlooks the lower level yard area and the creek while the front porch is an ideal please for your porch swing and garden. Inside laundry room for easy full time living. The impressive primary suite boasts a massive walk-in closet and direct access to a large, unfinished attic space-an ideal canvas to create your dream home office, personal gym, or bonus storage. Equipped with a brand-new furnace and central A/C, the home sits on a county-maintained, plowed road with full public utilities and high-speed internet. You are perfectly positioned just 1 mile from the lake trail, 1 mile from Blue Jay Village, and a quick 5-minute drive to Tavern Bay Beach or the Arrowhead Village.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 21, 2026 | Listed by RE/MAX LAKESIDE | $695,000 | |
| Listed by RE/MAX LAKESIDE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017