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5425 JEFFERSON BOULEVARD
About This Property
The inviting family room features a wood-burning fireplace, while the full unfinished basement offers over 1,500 sq. ft. of additional space with new windows, a second wood-burning fireplace, and endless possibilities for future finished living space, recreation, workshop, or storage.
Enjoy outdoor living on the newer stamped concrete patio overlooking the spacious backyard. Additional features include an attached 2-car garage and numerous major updates for peace of mind: architectural roof (3 years old) with a 50-year warranty, new septic fields, distribution box and pump (2026), new washer and dryer (2026), new electrical panel (2024), UV water treatment system (2024), new well pump and pressure tank (2022), new garage door (2021), HVAC (approximately 10 years old and serviced annually), and hot water heater (approximately 10 years old).
This meticulously maintained home combines quality updates, generous living space, and an unbeatable location close to shopping, restaurants, parks, schools, and major commuter routes. Don't miss this exceptional opportunity! This is a MUST SEE !!
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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%.
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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