6 Dutchess Terrace
About This Property
Begin your day on the generous wrap-around front porch, ideal for enjoying your morning coffee while soaking up the neighborhood's charm. As the day comes to an end, unwind on the tranquil back porch overlooking your private, fenced backyard, which boasts a vibrant English perennial garden flourishing from March through November, complete with fresh strawberries come June. The backyard also offers mountain views, creating a serene backdrop for your outdoor moments. Additionally, in the backyard is a one-car garage along with an insulated and heated artist studio that has a 100 amp electrical panel.
Inside, you'll be greeted by original oak trim and elegant hardwood floors that lend the home its timeless appeal. The updated kitchen is a chef's delight, with a premium Dacor cooking range and Bosch dishwasher, ready for your culinary adventures. This home is bathed in natural light all day, enhancing its warm and inviting atmosphere. It offers a wealth of space with a dining room perfect for entertaining, a flexible family room for various activities, and an inviting living room for relaxed gatherings.
The property also presents limitless expansion potential, with a walk-up attic ready to be transformed into an office, extra bedrooms, or entertainment area. Plus, there's a convenient spot beneath the stairwell on the first floor for adding a half bathroom.
This home is more than just a place to live-it's a charming retreat that beautifully combines comfort and elegance, providing the perfect canvas for your creative lifestyle. Don't miss the chance to make this truly unique piece of Beacon your own!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017