41 Locust Drive
About This Property
Step into a grand two-story entry that welcomes you into a living space designed for comfort and elegance. The spacious eat-in kitchen is a chef's dream, with a practical center island, stainless steel appliances and opens up to a cozy den featuring a wood-burning fireplace, perfect for those chilly nights.
For more formal occasions, the large formal dining room offers an ideal setting for hosting delightful dinner parties, while the separate living room, with its vaulted ceilings, provides an ambient space for relaxation and conversation.
The residence boasts four sizable bedrooms, each offering plenty of room for rest and relaxation. The expansive primary bedroom features ample closet space, one being a Walk in, and a second being a double closet, and an en-suite bathroom equipped with a separate shower and jacuzzi, offering a private oasis within your own home.
The property also includes a large unfinished basement, housing a two-year-old Bosch heat pump for efficient heating. The central air conditioning and air handlers, are also just two years old, ensure year-round comfort. Main floor washer and dryer, with slop sink add to the many convenient features.
Set on a picturesque cul-de-sac, the property spans nearly half an acre, offering ample outdoor space for recreation and relaxation. The stunning in-ground pool, with a four-year-old liner and a three-year-old loop lock cover, brick paver patio adds a touch of luxury and fun to the property.
Eight zones of in-ground sprinklers maintain the lush front and back lawns, while the new vinyl fence enhances the privacy of your yard. A beautiful brick-paved walkway leads up to the beautiful new front door, adding a touch of elegance to the property's exterior. The two-car garage, complete with electric door openers, new garage doors ensure convenience and security for your vehicles. There is a 200 amp electrical service.
41 Locust Drive is more than just a house; it's a lifestyle. Nestled in a friendly community, this property offers the perfect blend of tranquility and accessibility. Experience the best of both worlds - a serene, private home with the convenience of local amenities nearby.
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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