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4451 Turnberry Place
About This Property
The spacious living room welcomes you with soaring vaulted ceilings, abundant natural light, and a cozy gas fireplace, creating an inviting atmosphere for everyday living and entertaining. The thoughtfully designed floor plan features a spacious primary suite on the main level, complete with a newly updated spa-like bath and expansive walk-in closet.
Upstairs, you'll find generously sized secondary bedrooms, a newly renovated full bath, and a versatile loft space perfect for a home office, play area, or reading nook.
The open-concept kitchen flows seamlessly into the large eat-in dining area, living room, and screened porch, creating the ideal indoor-outdoor lifestyle while showcasing peaceful, tree-lined views. Enjoy bug-free outdoor living year-round from the screened porch overlooking a serene backyard with no homes behind--just nature and walking trails.
Additional highlights include newly updated lighting, a NEW roof (2026) , NEW water heater (2026), fresh paint throughout, and easily accessible walk-in attic storage from an upstairs bedroom--no ladder required. With extensive updates, beautiful surroundings, and a sought-after Bluewater Bay location, this home truly has it all! beautiful surroundings, and sought-after Bluewater Bay location, this home truly has it all.
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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