5120 23RD ROAD N
About This Property
The heart of the home is the expansive, light-filled kitchen featuring a stunning black walnut island-perfect for baking, hosting, or casual mornings with coffee. The adjoining rear mudroom and main-level laundry add to the home's practicality. Upstairs, the primary suite offers a spacious retreat with a walk-in closet and spa-like bath, while an additional ensuite bedroom provides flexibility and comfort.
Step outside to a fully fenced backyard, an urban oasis with a deck, arbored patio, and plenty of space to garden, play, or unwind. A versatile concrete pad is ideal for basketball, car washing, or outdoor projects, and next to the rare two-car garage-a standout feature in this price range-you'll find auxiliary parking perfect for a boat, trailer, or small RV.
The lower level offers even more versatility, featuring a spacious rec room with walk-up stairs to the backyard, a bonus bedroom or office, and a second laundry room-ideal for multi-generational living or renting out space.
Located in a welcoming neighborhood with annual block parties, this home is just steps to the bus stop and only minutes to 3 Metros, making commuting and city access effortless. Plus, shopping, dining, and top-rated schools are all within walking distance.
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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 Yorktown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017