5124 WELLINGHALL WAY
About This Property
The main level features gleaming hardwood floors that flow seamlessly throughout, enhancing the open and airy feel of the home. The spacious living areas provide the perfect backdrop for gatherings, while the kitchen with an abundance of space will inspire your culinary creations and be perfect for entertaining.
The first-floor primary suite is a private oasis, complete with an adjoining office, an enormous walk in closet, ensuite bath with dual sinks and a separate shower and jetted tub. Each of the generously sized bedrooms offers comfort and tranquility. Recent updates include new carpet and fresh paint throughout, ensuring a modern and inviting atmosphere.
The huge walkout basement is a haven for entertainment enthusiasts, featuring a state-of-the-art home theater, a bar that seats at least 10 that has a built-in commercial keg system with taps, and luxury vinyl plank floors. The walkout design allows easy access to the beautiful outdoor spaces and scenic views.
Additional highlights include a 3-car garage, a new roof installed in 2018, a tankless hot water heater, dual HVAC zones for optimal climate control, and a prime location at the end of a cul-de-sac. This exceptional home combines elegance, functionality, and convenience, creating a sanctuary you'll be proud to call your own.
Don't miss the opportunity to experience this extraordinary property – schedule your private tour today!
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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 Columbia
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017