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4 Springwood Path
About This Property
Spanning 5,135 square feet, this four-bedroom, three-and-a-half-bath home strikes the perfect balance between spaciousness and cozy charm. Hardwood floors, custom millwork, and a wood-burning fireplace create a warm, inviting ambiance in the family room. The sun-drenched eat-in kitchen, outfitted with wood cabinetry, granite countertops, and high-end stainless steel appliances, connects seamlessly to the formal dining room and game room for effortless entertaining.
Upstairs, the primary suite serves as a peaceful haven with its ensuite bathroom and two walk-in closets. Three additional bedrooms and two full baths ensure comfort for family or guests, while a bonus room offers flexibility as a home office or gym-perfect for work or relaxation in total seclusion.
Step outside to your private oasis: a beautifully designed brick patio overlooking the expansive backyard, ideal for gatherings or quiet moments surrounded by nature. Rounding out the property are a two-car garage, a generous driveway with ample parking, and coveted access to Laurel Hollow beach.
This is more than a home-it's your private sanctuary, offering tranquility and convenience in equal measure.
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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