4500 35TH ROAD N
About This Property
Step inside to the magnificent two-story foyer, showcasing beautiful new oversized ceramic tile flooring that sets the tone for the rest of the home. Beyond, the spacious formal living room, highlighted by a cozy wood-burning fireplace, flows into an elegant dining room - perfect for hosting gatherings. A newly updated powder room and two convenient coat closets add to the home's thoughtful design.
The renovated kitchen features premium cabinetry, high-end appliances, a cooking island, granite countertops, and a separate breakfast room with a walk-in pantry offers a delightful space for morning meals. Adjacent to the kitchen is the expansive family room, with its raised hearth fireplace and built-in cabinets/shelving, and French doors that lead to the lovely pavered terrace for outdoor enjoyment.
Upstairs, the luxurious primary bedroom suite awaits, complete with its own wood-burning fireplace, a beautiful sitting room, ample closet space (including a walk-in closet, and a beautifully renovated ensuite bathroom. Two additional bedrooms share another renovated bath, along with a convenient laundry room.
The renovated walkout lower level showcases a generously sized recreation room with a fourth wood-burning fireplace, a fourth bedroom, a renovated hall bath, a mud room with separate exit door and built-in cabinetry, and access to the two-car garage.
With freshly painted interior/exterior, refinished hardwood floors, soaring ceilings, and a two-zone HVAC system, this home effortlessly blends charm with modern convenience. Don't let this opportunity slip away-make this stunning property your own!
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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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About Old Glebe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017