5 EVERHART LN
About This Property
Drive up the Cobblestone Driveway to the Finished 2-Car Garage. The beautiful covered front porch has elegant iron railings adding to this home's curb appeal. The home has custom details throughout, including the beveled glass front door and leaded glass windows designed by local artists Ed and Susan Hazelett. The gourmet kitchen has ceramic tile flooring, recessed lighting, a large custom window, pretty cabinets, a double sink, pantry, and unique artist-designed windows and arched doorways. The kitchen opens to the formal dining area with crown and chair molding for added elegance. The Main Level Owner's Suite connects directly to the custom sunroom accessed through French doors. There is an office & Main Level Powder Room: Perfect for those working from home or entertaining guests. The owner's en-suite bath includes a jacuzzi tub, glass block windows, double vanity, a sitting bench in the shower, and a heat lamp for ultimate relaxation. The lower level family room has a stone fireplace with a full view of the picturesque manicured gardens in the back yard and a direct view to the park. The fully finished lower level walk out has 10-foot ceilings, and a huge storage room with storage shelving. The basement also features baseboard heating as backup. The upper Upper-Level Loft: Includes a bedroom, full bath, and sitting foyer – ideal for guests or additional family members. There is a rain barrel system is installed, and the backyard is fenced on two sides, offering privacy and eco-friendly solutions. Close to shopping, and I70,
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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