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35299 Vernon
About This Property
The kitchen is a true centerpiece, anchored by rich dark cabinetry with brushed brass hardware, thick quartz countertops, and a large center island with a dedicated prep sink. A hall pantry adds even more storage to an already well-appointed space. Tall ceilings throughout give the home an open, airy feel that carries from room to room.
Step outside and the south-facing backyard delivers beautiful natural light from morning to evening. The Alumawood patio cover with recessed lighting and built-in fans makes it a comfortable outdoor living space year-round. A large concrete patio, a grass side yard perfect for kids or dogs, and a fully concreted opposite side yard round out a low-maintenance setup designed to be enjoyed, not worked on.
The primary suite is a genuine retreat, with a spacious walk-in closet, double vanities, and a large shower. Two additional bedrooms each offer roomy closets and comfortable proportions.
Practical upgrades set this home apart: a fully paid solar system keeps the average electric bill around $25 per month, and a hardwired outdoor generator inlet means the entire home can run on backup power when the grid goes down.
Low HOA includes access to the association pool, just a short walk away.
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Cap Rate Calculator
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