5559 ASHBOURNE ROAD
About This Property
Inside, you'll find a bright and inviting interior featuring all new flooring, a mix of luxury vinyl plank and carpet, fresh finishes throughout, and a completely updated kitchen with brand-new appliances. Both bathrooms have been tastefully renovated, creating a clean and contemporary feel from the moment you walk in.
The entire upper level is dedicated to a private primary suite, providing a comfortable retreat with separation from the main living areas. Every window in the home was replaced in 2025, while the new HVAC system and electric hot water heater offer years of worry-free ownership ahead.
Step outside to enjoy the covered rear deck overlooking the spacious quarter-acre lot, offering plenty of room to relax, entertain, garden, or simply enjoy the outdoors. The unfinished basement provides excellent storage and future possibilities, complete with a recently installed French drain and sump pump system. A rear-entry basement garage adds even more convenience and functionality.
Stylish, efficient, and completely move-in ready, this is the kind of home that lets you spend less time on projects and more time enjoying where you live.
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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%.
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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017