4415 OAKTREE RD
About This Property
FEATURES & AMENITIES
• 3 Bedrooms, 2 Full Baths, 2 Half Baths
• Welcoming luxury hardwood floor Foyer with built in credenza and solid wood guest coat closet
• Sun-filled main level opens to living room with white oak hardwood floor, crown molding, solid wood paneling, hand-hewn natural stone fireplace built-in bookshelves on either side and firewood port to the garage (no more hauling wood thru the house), as well as a sun filled oversized bow window to the front covered brick porch and gardens
• Dining room features a white oak hardwood floor, chair and crown molding, recessed lighting and expansive windows to the rear brick patios and gardens
•The remodeled gourmet kitchen with eat-in breakfast area and granite countertops with accents that dance in the sun, under-cabinet and recessed lighting, luxury vinyl flooring, updated stainless steel appliances, including double wall ovens, and a nearby wall of pantry cabinets; the breakfast area has a full service wet bar with in-cabinet lighting and access through a glass door to the covered brick patio
• Main level laundry/pantry off the garage features top-of-the-line washer and dryer, stainless steel sink, and pantry shelving including a wine rack all conveniently located near the back hall coat closet and powder room and access to the rear brick patio through a beautiful glass door
•Powder room off back hallway features new vanity, lighting and fixtures
• Primary bedroom with sparkling hardwood floor, recessed lighting and two double door closets boasts remodeled en suite primary bathroom with luxury vinyl tile, designer lighting and vanity
• Two additional main level bedrooms with vista views of the gardens, hardwood flooring, recessed lighting, and spacious closets
• Main level solid surface surround tub & shower hall bath with designer vanity and lighting with luxury vinyl flooring; convenient double door hall linen closet nearby
• Lower level sun-filled family room, wired for media surround sound system with space for an 85" TV and bar TV features new LVP flooring boasts a wonderful wet bar with built-ins, abundant cabinets, built-in under-counter fridge, and plenty of seating - perfect for entertaining and relaxing with family and friends
• Updated lower level powder room features new LVP flooring, a new vanity, lighting, and fixtures
• Lower level storage and utility room with walk up stairs to the rear patios and yard has abundant space for both storage and additional area to build out a room and rough in for a full bath; recessed lighting is already installed
SEE BROCHURE FOR EXTENSIVE LIST OF IMPROVEMENTS!
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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%.
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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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About Olney
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017