50 Plane Tree Lane
About This Property
Boasting four spacious bedrooms, this home offers ample space for relaxation, work, and play. The converted garage now serves as an additional primary bedroom, providing an extra layer of flexibility to your living arrangements.
Two fully updated bathrooms add a dash of modern luxury to this classic home. The bathrooms are tastefully designed, combining functionality with aesthetics for a seamless experience. There is also Gas heat.
Step into the updated kitchen, where granite counters meet stainless steel appliances, creating a space that's both stylish and practical. Whether you're a seasoned chef or a culinary novice, this kitchen with gas cooking is designed to inspire your home-cooked meals.
The home features beautiful hardwood flooring throughout, adding warmth and character to each room. A 14-year-old roof provides reliable shelter, and the ductless air conditioning ensures you stay cool during the warmer months. The is crown molding throughout. The side walked streets just add to the charm of this home. The double driveway outlined by Brick pavers, adds to the beautiful curb appeal.
The fenced backyard is the perfect canvas for your outdoor dreams - be it a garden, a play area, or an outdoor entertainment space.
This home is not just about indoor living. Located close to the town center, you'll have easy access to a variety of shopping options and restaurants. Whether you're looking for a quick bite or a leisurely meal, you'll find something to satisfy your palate.
The full basement provides extra storage or can be transformed into a recreational room or workspace. The home is equipped with gas heating, ensuring a cozy atmosphere during the colder months.
The annual taxes for this property, without any exemptions, come to $14,939.31.
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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.
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About St. James
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$5,500 /mo
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$3,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017