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4001 FEATHERSTONE PLACE
About This Property
Step inside to find new hardwood planks and refinished original hardwood floors that add warmth and character to the main and upper levels. Large triple pane windows installed in 2022 create light and outstanding views throughout the home. Enjoy indoor/outdoor entertaining with the newly remodeled kitchen flowing into the formal dining room with amazing views of the yard. Expanded and redesigned kitchen is sure to impress with brand-new flooring, recessed lighting, sleek new solid wood cabinetry with crown molding and plenty of pantry space, beautiful new quartz countertops, and premium stainless steel Bosch appliances - offering both style and functionality for everyday living and entertaining. The inviting family room features a brick fireplace for more casual and cozy evenings at home.
Upstairs, you'll find four spacious bedrooms, including a primary suite with dual closets. Both bathrooms have been tastefully remodeled including the primary bath with double vanity, custom glass shower and premium fixtures. The powder room has also been tastefully renovated, adding to the home's fresh, move-in-ready appeal.
Tucked away on a quiet cul-de-sac yet conveniently located near shopping, dining, commuter routes, and local amenities, this home offers the perfect combination of comfort, privacy, and convenience.
While the home is beautiful, peace of mind can also be found in the superb amount of maintenance done to the home including new garage doors, all new exterior doors, new insulated siding, new Normandy shutter blinds, chimney refurbishment, crawlspace encapsulation, new windows, wrapped wood trim, new gutters with leaf guard, newer roof, and extensive water management systems.
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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%.
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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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About Seminary Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017