48 Walnut Street
About This Property
Welcome to this beautifully updated contemporary residence nestled in a tranquil cul-de-sac, showcasing top tier appliances and elegant finishes throughout. The chef's dream kitchen features a custom layout with a gourmet hibachi stove, a built in 6 ft refrigerator/freezer and stunning quartz countertops. The spacious island comfortably accommodates 12, perfect for entertaining guests!
Experience custom LED lighting throughout and a built in bar in the family room, with two access points leading to the outdoor space for seamless entertaining. This home offers four generously sized bedrooms, plus a bonus room and three tastefully designed bathrooms.
For your comfort and peace of mind, the property includes a brand new architectural 30 year roof, a tankless water heater, central air conditioning, and all new plumbing and sheetrock. Access outside to enjoy a brand new in ground pool and a custom built Trex deck, accessible from the luxurious primary bedroom with an en-suite bathroom and a designer walk in closet featuring custom vanities and shelving.
With the potential for an impressive loft in the attic (subject to permits) and options for mother/daughter configurations, this home offers flexibility for various lifestyles. The oversized driveway provides ample parking, while the garage offers plenty of storage.
Enjoy unparalleled privacy, complemented by a charming front porch and custom outdoor lighting, all conveniently located near the Port Jefferson Ferry , LIRR, dining and shopping. Don't miss this incredible opportunity, this home is sure to sell quickly!
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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