5252 QUEENS WOOD DR
About This Property
As you step inside, the beautiful hardwood floors on the main level create a warm and welcoming atmosphere. Natural light fills every inch of the formal living room, with seamless flow into the dining room that offers access to the private deck. The open flow continues into the spacious kitchen, with a cutout overlooking the family room so you can prep dinner while watching the kids play! A second set of glass sliders offer access to the fabulous deck (2002) and backyard, making this an outdoor entertainer's dream.
Flexible living options include three en-suite primary bedrooms (one on each level!), and two additional bedrooms on the main floor that share a full bathroom. The upstairs en-suite bed/bathroom was fully updated in 2013; the fully finished, walk-out lower level (updated in 2011) boasts the ultimate "Man Cave" with a projector and 120" screen (both convey with sale!), making it the perfect place for game day or a cozy movie night. You'll love hosting friends and family during the warmer weather in the backyard oasis, complete with a 4x6 storage box underneath the deck that conveys, adding to the ample storage options.
Recent updates include a new water heater (Nov. 2021), new roof (June 2018), new HVAC (Jan. 2014), and new windows and doors (June 2009), making this home truly 'turn-key' ready for you to move in and enjoy. Located less than 5 minutes from almost everything and with easy access to major commuter roads, this family-friendly neighborhood offers a peaceful and tranquil atmosphere for you and your family... welcome home!
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017