35 BRIGHT RD
About This Property
As you step up to the main level, you'll be greeted by a country-style kitchen featuring solid wood cabinetry, corian countertops with a convenient seating area, a Jenn-Air cooktop, wall oven, and a built-in microwave. The dining room, with a slider leading to a composite deck, is perfect for enjoying meals with loved ones. The spacious living room features a large picture window, filling the space with natural light. This level also includes three bedrooms and a full bath. Venture down the hall to discover an in-law apartment with a private entrance. This self-contained space includes a living room, bedroom, kitchen, and a bath, providing comfort and privacy for guests. The lower level of the home presents endless opportunities for entertainment and relaxation. A family room welcomes you with a wood-burning stove and a paneled wall adorned with barn wood from the American House. The custom-built wet bar adds a touch of sophistication, making it an ideal space for gatherings. Additionally, there's a convenient half bath, an extra room that could serve as a game room, home office, or bedroom, and a full-sized laundry room with ample storage space. Access to the oversized 2-car garage is provided, complete with an additional door leading into the backyard for added convenience. Summer days can be spent enjoying the large above-ground pool, exploring the gardens, and relaxing on the deck off the dining room or the smaller deck off the in-law apartment. Despite the peaceful setting, the home is conveniently located close to downtown New Egypt and major routes, including 537, 539, and 195. Explore the endless possibilities that this gem offers and make it your own! Don't miss the chance to call this beautiful property home. Come and envision the lifestyle that awaits you.
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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 |
|---|---|---|---|
| Aug 28, 2024 | Sold | ||
| Sold | |||
| May 7, 2024 | In contract | - | |
| In contract | |||
| Apr 24, 2024 | No longer available | - | |
| No longer available | |||
| Apr 19, 2024 | Listed by Smires & Associates | $499,000 | |
| Listed by Smires & Associates | |||
| Mar 24, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017