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3906 BRAUN WAY
About This Property
Car enthusiasts and clean-freaks alike will fall in love with the garage - fully insulated, climate controlled with its own mini split, and complete with a built-in car wash station delivering a deionized, spot-free rinse every single time. This is a perfect place to put all of your gym equipment and the right climate to actually use the equipment.
And then there's the showstopper: an approximately 20x30 foam-insulated structure that opens up a world of possibilities in the backyard. The ceiling has been fully spray-foamed to block radiant heat from beating down into the space, keeping it noticeably cooler underneath - a true haven from the sun. The floor is finished in padded turf with cushioned underlayment, making it as easy on the joints as it is on the eyes. Right now it's set up as a cheer tumbling space, giving young athletes a shaded, protected place to train without worrying about sun exposure or scorching surfaces. But the possibilities don't stop there - it converts effortlessly into a batting or pitching cage, a golf practice bay, or a soccer training zone. Prefer to use it for your toys? It's the perfect shaded sanctuary to tuck away your boat or RV, protecting it from sun damage, fading, and heat exposure year-round. There is also a storage shed attached to this area.
Looking for even more outdoor fun? A separate area of the backyard is home to a covered, zero-entry trampoline, offering safe, shaded enjoyment for the whole family. The grounds are beautifully landscaped throughout, and a charming pavered fire pit just outside the pool enclosure sets the stage for unforgettable evenings under the stars. Backing to the serene, wooded edge of Bloomingdale Golf Course, you'll enjoy total privacy with no backyard neighbors - just peaceful views and quiet mornings.
This is more than a house - it's a lifestyle built for comfort, play, and everything in between.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017