5743 1ST AVE
About This Property
Come see this beautifully updated home, masterfully restored to its original beauty. With 6 bedrooms and 3.5 baths, this property offers everything you need for comfortable living and entertaining. This home is much larger than it looks due to the large addition on the back of the house. Home is 2546 Sqft above with addition Sqft in the basement.
Key Features:
Open-Concept Design: The spacious living, kitchen, and dining areas are perfect for hosting gatherings or enjoying family time.
Modern Kitchen: Equipped with stainless steel appliances, beautiful granite countertops, a custom tile backsplash, and upgraded modern fixtures.
Luxurious Master Suite: Features a large walk-in closet and a private master bath with a sliding glass door leading to a balcony overlooking the backyard.
Finished Basement: Provides additional living space ideal for a second family room, home theater, playroom, or home gym.
Expansive Yard: Includes a nice backyard, driveway, and a charming wrap around
front porch.
Prime Location:
This home offers easy access to a variety of community amenities, including shopping, dining, and entertainment options. Downtown Arbutus is within easy walking distance, and outdoor attractions like Patapsco Valley State Park, Arbour Manor Park, and Rolling Road Golf Club are nearby. Conveniently located near major routes such as I-95, I-695, I-195, and US-1, commuting is a breeze.
Move-In Ready:
With all-new flooring, carpeting, and paint, this home is ready for immediate move-in. The owner ensures the property is regularly sanitized for your peace of mind.
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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