4103 E 129th Cir
About This Property
The home sits right at the end of a quiet cul-de-sac and matches up against open space and walking trails. Because of how the lot is positioned, you only have one true residential neighbor. The entire backyard feels incredibly private, completely fenced in, and features a great spacious deck. It is the exact kind of setup where you can host a barbecue with friends or drink your morning coffee.
Inside, the floor plan is a multi-level layout that flows naturally. You get a formal living and dining area up front, which opens up into a central renovated kitchen and a cozy lower-level family room with a gas fireplace. Vaulted ceilings and massive windows pull in tons of natural light, making the main living spaces feel bright and open. Up the stairs, the primary suite features its own dedicated bath, alongside two additional bedrooms and a full guest bathroom. If you ever need more room to expand, the unfinished basement is basically a blank canvas for a gym, extra storage, or an entertainment space.
The neighborhood amenities are just as solid. You are a quick walk or drive from the Trailwinds Recreation Center, which makes grabbing a workout or hitting the pool effortless. It's prime location is less than ten minutes from Eagleview Elementary School, along with the Anythink Nature Library opening up right down the street. It's a massive 15-acre indoor-outdoor campus with trails, workshops, and community spaces that is going to be a huge anchor for this part of town.
It's rare to find a home that checks the boxes for interior space, excellent schools, and a highly private lot. This one does it effortlessly!
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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