5604 FLAGLER DR
About This Property
Beyond the heart of the home, a spacious kitchen awaits, boasting modern appliances, ample storage, and room for in-kitchen dining, while the adjacent formal dining and living rooms offer a more refined ambiance for entertaining. Off the kitchen, the large, open family room, centered around a crackling fireplace, invites relaxation and gatherings. From here, step outside to the expansive back deck, a tranquil haven with two convenient access points, perfect for al fresco dining, container gardening and sunny day lounging.A powder room and laundry room complete this thoughtfully design main level.
Upstairs, the large primary suite is a sanctuary unto itself, featuring a luxurious en-suite bathroom with a soaking tub, separate shower, and a gorgeous granite dual vanity. Three additional bedrooms provide flexibility for guests, children, or a home office, while a full bathroom completes this level.
Descending to the lower level, the home unfolds to reveal an impressive finished basement. Here, a spacious recreational area awaits, complete with a pool table and a bonus room ideal for a home gym or office. A full bathroom adds convenience, while storage space abounds.
Outside, the meticulously landscaped yard offers both beauty and functionality, with a two-car garage providing ample parking and storage. From the moment you step inside, this home captivates with its thoughtful design, luxurious features, and an abundance of space for both relaxation and entertainment
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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 Centreville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017