3610 MABANK LANE
About This Property
From the moment you arrive, the home's classic exterior makes a welcoming first impression, complete with a covered front entry, mature landscaping, and an attached 2-car garage.
Inside, you'll find generous living spaces designed for both everyday comfort and entertaining. The main level features a formal living room, separate dining room, and an expansive family room highlighted by a full brick fireplace wall that adds warmth and character. The kitchen offers abundant cabinetry and counter space, along with a peninsula that provides additional prep space and casual seating.
One of the standout features of this home is its traditional floor plan, providing defined spaces while maintaining an easy flow from room to room. A convenient main-level half bath and dedicated laundry area add to the functionality of the home.
Upstairs, you'll find four well-proportioned bedrooms, including a spacious primary bedroom, along with two full baths. The additional bedrooms offer plenty of flexibility for family, guests, a home office, or hobby space.
Step outside and discover even more space to enjoy with a large covered rear patio, creating a shaded outdoor living area perfect for relaxing, entertaining, grilling, or enjoying summer evenings. Beyond the patio, the level backyard is surrounded by mature trees and established landscaping, with plenty of room for gardening, recreation, or simply enjoying the outdoors.
With its spacious rooms, classic Bowie character, 2-car garage, impressive covered patio, and solid layout, this home presents an excellent opportunity to move in and enjoy as-is or update over time to create a space that is completely your own. A home with this much space, character, and potential is ready for its next chapter!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017