61 TREE FROG Way
About This Property
The interior is just as impressive, with a large, welcoming living area that includes an elegant fireplace cabinet, perfect for cozy evenings. The home's design is both stylish and practical, boasting an upgraded kitchen with stainless steel Whirlpool® appliances, quartz countertops, and beautiful 42'' wood cabinets topped with crown molding. The breakfast bar overlooking the living room makes for a great spot for kids to do their homework under the watchful eye of a parent cooking dinner.
Functional enhancements include added cabinets in the laundry room for extra storage, extended back patio for more outdoor living space, and upgraded blinds throughout the house for added privacy and energy efficiency.
Upstairs, the loft offers a flexible space that can be transformed into a playroom, study, or additional family area. This feature, along with the home's close proximity to top-rated educational institutions, makes it a smart choice for those focused on academic and living excellence.
Outside, the extended back patio invites open-air leisure and is perfect for gatherings or quiet evenings. The lush front yard completes the home's curb appeal, making it a true sanctuary for both comfort and learning.
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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