5942 ADDISON RD
About This Property
Property Highlights:
-Spacious Living: Enjoy generous living spaces with an open-concept layout that seamlessly connects the living room, dining area, and kitchen, creating an inviting atmosphere perfect for both relaxing and entertaining.
-Modern Kitchen: The updated kitchen features sleek countertops, ample cabinetry, and modern appliances, providing both beauty and practicality for your culinary adventures.
-Comfortable Bedrooms: Retreat to the serene bedrooms, each designed to offer comfort and relaxation. Two large rooms on the main floor and one full bedroom in the lower level.
-Well-Appointed Bathrooms: The home includes thoughtfully designed bathrooms that blend style and function, featuring contemporary fixtures and finishes.
-Outdoor Space: Step outside to enjoy a private backyard, ideal for outdoor gatherings, gardening, or simply unwinding after a long day. The property also includes a well-maintained front yard with curb appeal and a one car garage, perfect for storage.
-Additional Features: The property includes a private area for a driveway and off-street parking, ensuring convenience for you and your guests. The home also benefits from recent updates to the lower level with a full bedroom and bath, and its own separate entrance. this space is not included in the total square footage of the property.
This property at 5942 Addison Rd offers a unique opportunity to own a well-cared-for home in a desirable area. Don't miss out on the chance to make this your new address. Schedule a visit today and experience all that this wonderful home has to offer!
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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