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4903 SUTHERLAND DRIVE
About This Property
With a new HVAC, and carpet this beautiful 5 bedroom 3.5 bath colonial is situated on a quiet street in the lovely Wellington Trace Community. Upon entering the home, you will immediately notice the open and inviting foyer that leads to the living room and formal dining room. The large/open gourmet kitchen with a generous sized island, plenty of granite countertop space, stainless steel appliances including the gas stove. From the kitchen step through French Doors into a warm and spacious sunroom featuring high ceilings and large windows ,perfect for early mornings with coffee or evening happy hours! Also , off the kitchen, enjoy the generously-sized family room with a private office.
Upstairs you'll find hardwood flooring leading to the primary bedroom which features a walk in closet fit for an owners suite with built-in shelving and drawer cabinets. Next is the primary suite bathroom with large soaking tub highlighted by sun drenching windows above it, a separate glass enclosed shower stall and a double sink vanity. New carpeting covers the other bedroom floors which have decent closet space with built-in shelving units.
Walk downstairs to the generously sized basement and you'll find it finished completely with floating wood flooring throughout, a fifth bedroom, another bonus/office/workout room and a full bathroom as well a storage room. This home also features a mudroom/laundry area that connects to an attached two-car garage for convenient parking and additional storage.
The flat, fenced-in backyard with a flagstone patio is perfect for hosting that summer barbecue or just enjoying a morning cup of coffee. It's a perfect yard for both pets and entertaining.
There are NO CITY TAXES and a low HOA fee. Nothing for you to do but move right in and enjoy!!
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017