366 MADISON ROAD
About This Property
The living room keeps things cozy with original hardwood floors and a gas fireplace that gives the space a warm, welcoming feel. Upstairs, you'll find three bedrooms with hardwood floors throughout, a large linen closet in the hallway, and an updated full bathroom that ties it all together.
Head down to the lower level where you'll find even more space to spread out-a family room with a cast iron fireplace and easy-to-maintain LVP flooring. There's also a versatile bonus room perfect for a playroom, office, home gym, or anything else your lifestyle calls for. The laundry room is fully equipped with a full-size washer and dryer, laundry tub, water softener, brand-new hot water heater, and even a working toilet for added convenience.
Storage won't be an issue here-with both attic and crawl space access. Outside, the fenced-in backyard is one of the largest in the neighborhood, offering plenty of space to unwind or entertain. The freshly poured concrete patio pad is perfect for outdoor dining, lounging, or creating your own backyard oasis. A one-car garage adds even more value to this already impressive home.
If you've been waiting for a home in Mantua that checks all the boxes-this is it. Don't miss your chance to see it in person.
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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