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4204 AVON DRIVE
About This Property
The main level offers a welcoming layout with a front living room that doubles as a main level home office, formal dining room both with plantation shutters, refreshed powder room with quartz counters and new fixtures, and an updated kitchen featuring brand-new contemporary tile flooring, gray Corian counters, breakfast area, modern touches, and a large double-door pantry. The kitchen opens to the family room, where a brick wood-burning fireplace creates the perfect gathering spot. High-end Pella doors lead to the recently refinished deck overlooking a peaceful wooded backyard with new mulch for easy care. The powder room rounds out the main level with granite counters, new tile floor and new fixtures. Don't miss the spacious two car garage!
Upstairs, the spacious and private bedroom level features four bedrooms, cohesive flooring, updated doors and hardware, and fabulous closet organizer systems throughout. The primary suite is the showstopper, with a professionally designed Container Store closet and a truly incredible remodeled bath featuring a steam shower, rain shower, soaking tub, heated towel rack, bidet, ambient lighting, recessed lighting, and gorgeous modern finishes including fully tiled walls for that wet room feel. The hall bath has also been recently refreshed with crisp white tile, quartz counters and new fixtures. A large laundry room completes this level.
The lower level is just as impressive! Freshly painted with new LVP flooring and updated stair treads, it offers a dedicated gym with professionally installed rubber flooring and glass French doors, a fifth bedroom with a new egress window and full bath, plus an open recreation room with stylish wet bar. Another Pella door leads directly to the lower-level deck, creating even more space to entertain or relax.
Enjoy all the incredible amenities Montclair has to offer including the 109-acre stocked lake with three private sandy beaches, boat ramp, boat storage, fishing piers, playgrounds/tot lots, ball fields, exercise stations, new dog park, 18-hole golf course with full-service Country Club two pools with optional membership, ...the list goes on! Easy access to I-95 and nearby commuter lots/buses make it easy to commute to DC, the Pentagon, and beyond. Beautifully updated, thoughtfully designed, and truly move-in ready-this is the Montclair home you've been waiting for!
Home is currently enrolled in a premium home warranty with the option to transfer to buyer at closing. Ask us about our unique lender partnerships offering BELOW MARKET RATES and lender-paid RATE BUY DOWNS.
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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