404 Wych Circle
About This Property
This room offers privacy and charm you won't find just anywhere.
The heart of the home is the open-concept kitchen and living room designed for connection and entertaining. The spacious kitchen features a large island perfect for morning coffee or gathering with friends and family. From the kitchen, you can overlook the living area, making it easy to stay part of every conversation. Imagine cozy evenings by the real fireplace, holiday gatherings, and everyday moments.
One of the true highlights is the beautiful oversized Florida room filled with natural light coming through the sliding glass/screened windows that catch all the sun and daily breezes. It also boasts an easy-to-maintain epoxy floor.
Out back, you will find even more to love: a large storage shed with electric running to it and two lofts for extra space to store tools or seasonal decor, keeping everything organized and out of sight.
There's also a private small basketball court area perfect for friendly games or just practicing shots. Create fun memories in your own backyard, whether it's playing after school or just enjoying the outdoors. Come experience it for yourself and imagine the life you could build here.
Florida room windows have a 20-year transferable warranty from the date of installation that can be passed onto the new buyer says the seller. Check out the attached documents of upgrades: New A/C (2023), new roof will be installed prior to closing (2026). New carpets installed (2018), and steam cleaned every year for perfect maintenance. Pet-free home. Extra insulation added to the home for more energy efficiency and to save you money! Home generator installed (2023) for protection from power outages. All blinds updated (2019) for a more consistent decor. New Hot water tank (2025) Seller is providing a 1 year Assurant Home Warranty so you can feel confident in this quality home!
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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