4405 WEYBURN DR
About This Property
Approaching the home, you're greeted by a charming brick and siding exterior with a welcoming front porch. Step inside to discover a meticulously maintained interior featuring gleaming hardwood floors throughout the main level. The grand two-story foyer and family room immediately capture attention, while the formal living room and large dining room provide ample space for gatherings of all kinds.
At the heart of the home lies the expansive kitchen, complete with stainless steel appliances, granite countertops, and a professional series six-burner range with grill top. The kitchen also boasts lovely wood cabinets with crown molding, a corner stainless steel undermount sink surrounded by windows, and a convenient rear porch for outdoor enjoyment.
Upstairs, the two-story layout creates a unique bridge effect overlooking the family room. The primary suite is a retreat unto itself, offering a double tray ceiling, abundant natural light, and a luxurious bath with cathedral ceilings, double vanities, soaking tub, and separate shower. Additionally, a spacious walk-in closet provides ample storage and even space for a second office.
Venturing downstairs, the finished lower level offers additional living space, including a rec room, game room, billiards area, bedroom, bathroom, and plenty of storage. A walk-up exit provides easy access to the rear yard, completing this exceptional home's appeal.
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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