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6428 DEEP CALM
About This Property
At the center of the home is a custom kitchen addition designed as a true expansion of the living space. It features exposed wood beams, a tongue-and-groove wood ceiling, multiple skylights, and a large center island. Expansive windows and open sightlines connect the kitchen seamlessly to the main living areas, making it well suited for both everyday use and entertaining.
Adjacent to the kitchen, a versatile bonus room currently used as a recreation space offers flexibility for use as a home office, media room, studio, or additional living area.
A custom library room adds character with built-in shelving framing an integrated daybed. French doors open to the main living area, providing both connection and separation as needed. Wainscoting in the living room and library/office (2022), along with detailed trim work, adds warmth and craftsmanship, making these spaces ideal for reading, work, or relaxation.
The upper level includes a loft that overlooks the main living area, currently utilized as the fourth bedroom, offering a unique and flexible living arrangement.
The main living areas extend outdoors to a large, multi-zone deck designed for entertaining and everyday enjoyment. With two access points from the kitchen, the deck supports dining, seating areas, grilling, and additional lounge space. A hot tub and outdoor furniture may convey.
Set on a 0.23-acre corner lot, the property offers a fully fenced backyard with gated access on both sides, providing space for pets, play, gardening, or outdoor gatherings. A roof replacement completed in 2018 adds peace of mind.
Conveniently located near shopping, dining, parks, and commuter routes, the home offers flexible living spaces and strong indoor-outdoor flow in a desirable setting.
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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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About Columbia
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017