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5477 Spur Cross Trl
About This Property
The main-floor primary suite offers vaulted ceilings, a two-sided fireplace, and direct deck access. The fully remodeled ensuite includes a new standalone tub, a new shower, new cabinets, new tile flooring and updated fixtures. This level also provides a large laundry room with a utility sink and ample storage. Upstairs, a spiral staircase with new iron balusters leads to a 24 x 13 versatile loft, two bedrooms with a Jack and Jill bath, and a third bedroom with a full ensuite. This level also includes a second set of laundry hook-ups. The recently finished walk-out basement features a huge family room paired with a functional kitchenette. The kitchenette has a full-sized refrigerator, a dishwasher and a microwave, as well as a gorgeous custom black walnut live edge bar countertop. The basement also includes a 3/4 bath, a fifth bedroom, a hobby room/flex space, and a workshop/storage area. The back yard features a large patio with a built in grill, a Big Green Egg and a gas fire pit, perfect for large gatherings. Both HVAC Systems have been replaced in 2024 in addition to the hot water heater. Pradera is conveniently located close to fine dining, 3 major hospitals, and miles and miles of concrete trails. List of upgrades available!
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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