46
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48 Lindy Drive
About This Property
Step into the impressive two-story entryway filled with natural light. French doors open to a private office or den, while the spacious formal dining room is ideal for entertaining. The large eat-in kitchen boasts granite countertops, stainless steel appliances, and a seamless open-concept flow into the cozy family room, featuring a custom wood-burning fireplace and mantel.
Just off the kitchen, a practical mudroom area includes a laundry room and a convenient half bath.
Upstairs, you'll find a bright, sun-filled primary suite with a walk-in closet, luxurious full bath with whirlpool tub, separate shower, and a private toilet room plus three generously sized family bedrooms & full hall bathroom.
The lower level offers a full basement with over 1,200 unfinished sq feet and a walk-out to the backyard oasis. Enjoy summer days in the fully fenced yard complete with mature landscaping, a spectacular in-ground pool with paver surround, a custom stone built-in BBQ area, and a pergola-perfect for outdoor living and entertaining.
This special home is also on Municipal Water and Sewer, all just minutes from town, shopping, schools, bike path,684 and train access-an ideal combination of comfort, style, and convenience.
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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