50 Thomas Drive
About This Property
Fully renovated top to bottom with no expense spared, this sun-drenched showstopper makes a statement from the moment you step into the dramatic two-story foyer, finished with white oak floors and a bright open layout. Formal living and dining flow seamlessly into your custom white oak-accented kitchen, outfitted with chef-grade appliances and an oversized island overlooking the warm family room with a soul slab fireplace surround
. Upstairs features soaring ceilings, skylights, and generously sized bedrooms, including a dream primary suite with a walk-in shower like you've never seen. A stylish hall bath completes the upper level with function and flair.
The fully finished basement includes a full bathroom and flexible space perfect for a home gym, rec room, or office. Outside, your private backyard oasis awaitsfully fenced with a sparkling in-ground pool, brand new pool equipment, and plenty of space to entertain all season long.
All located in a top-rated school district, just minutes from shopping and major transportation. This one's got it all.
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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