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5676 Avocet
About This Property
Interior highlights include elegant white oak hardwood flooring, premium low-pile carpet, an open-concept layout filled with natural light, and a beautifully upgraded kitchen featuring stainless steel appliances, marble backsplash, oversized island with seating, and a spacious walk-in pantry.
The thoughtfully designed floor plan includes a downstairs bedroom with full bath, dedicated downstairs office area, spacious upstairs loft, upstairs laundry room, and an expansive primary suite with private retreat area. The luxurious primary bathroom features a soaking tub, oversized walk-in shower, private water closet, and a large walk-in closet.
Outdoor living has been extensively upgraded with approximately $80,000 in professionally designed front and back yard improvements, creating a true resort-style atmosphere. Features include beautiful landscaping with irrigation, upgraded hardscape, custom sunroom/patio enclosure, covered California room with cozy gas fireplace, and multiple spaces ideal for entertaining or relaxing year-round.
Additional features include a fully paid-off 4.24KW solar system, helping keep electricity costs nearly at zero for the current owners.
Situated on a rare premium lot directly across from a future community park currently under construction, this home is conveniently located near shopping, dining, and freeway access - all with NO HOA.
Why wait months for new construction and spend substantially more on builder upgrades, landscaping, and outdoor improvements when this move-in ready home already offers it all - and even more?
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017