6636 CARDINAL LANE
About This Property
Inside, on the main level of the home are 4 bedrooms and 1.5 baths. Three of the bedrooms have classic, warm hardwood flooring and the 4th bedroom is carpeted and can be used as an office space or studio, having it's own separate entrance from the front porch of the home. In the kitchen you will enjoy having granite countertops, a breakfast bar, and a generous-sized pantry. For added convenience, the half bath is located just off the kitchen and adjacent to the family room, which boasts tongue-in-groove wood ceiling, a gas fireplace, entry to the fenced backyard and patio, and brick walls for added character. Rounding out the main level is the welcoming living room and dining area, with a second fireplace (wood-burning) and the full bath located in the hallway near the bedrooms. On the lower level is substantial more living space, and highlights include the immense recreation room with a comfy gathering area at one end and a pool table and fitness area at the other. For the occasional overnight guests, there is also a private bonus room downstairs and a 2nd full bath including a jacuzzi soaking tub and shower. An impressive amount of storage space is also downstairs, along with the laundry area, and stairs leading out to the patio, fenced backyard, and garage.
This home has so much to offer both inside and out, and is conveniently located close to 495, 395, local parks, and plenty of great shopping and dining options. Welcome Home!
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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%.
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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.
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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