4705 EXETER STREET
About This Property
The light & airy open main level enhances your senses from the sun's rays glistening along the engineered hardwoods to the convection gas range's mouthwatering creations on the wrap around granite countertop. Showcase treasures in the glass cabinets. Step through the French doors on to the light-filled sunroom offering skylights & 180-degree nature views...deer, butterflies & birds singing.
French doors welcome the upper-level primary nature retreat with vaulted ceiling, generous custom walk-in dual closet with barn doors, a tranquil sitting area perfectly nestled for reading or yoga, ensuite with separate shower and jetted soaking tub to slip in for a comforting massage.
Bedroom #2, bedroom #3, bedroom #4 feature gleaming hardwoods, closets with additional upper storage and hall bathroom to include tile shower/tub surround.
Lower-level family room is an ideal bonus area for video games, board games, reading, play area, and the options are boundless. While the quintessential second en-suite features custom shelving and private bath to include tile shower/tub surround.
Decks provide copious entertaining areas, plus room to inspire your favorite Chef around the BBQ or Smoker and adjacent shed. Fenced backyard is an invitation to gather around the firepit, nap on a hammock or garden; options are endless.
Pull in the 2-car driveway to enjoy direct access in the workshop/mud & laundry room. Your warm and loving home awaits for you to build new memories!
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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