664 Back Street
About This Property
The large eat-in chefs kitchen w vaulted tin ceilings is designed for gathering & everyday living, featuring cherry cabinetry, onyx countertops, tiled backsplash, copper sink, & center island w hanging pot rack. French doors lead directly into a heated greenhouse just off the kitchen-a bright year-round space perfect for plants, herbs, or a sunroom retreat. New microwave and dishwshr recently installed.
Multiple living areas include a sun-drenched lvng rm, window filled w vaulted ceilings, a wood-burning fireplace w walkout access to the fenced backyard. A first-floor bath includes a sauna, adding a relaxing retreat right at home. Large formal dining room w a playful creative flair. Exposed brick area in dining rm makes a wonderful sitting space-currently houses a piano. Owner planned to open wall btwn ktchn/Lvng-rm & reduce bath size to make it extra bright & open!
Upstairs offers 3 bedrooms, 2 full baths, & convenient 2nd-floor laundry. The primary suite includes a spacious 9x12 walk-in closet / bonus room & a large tastefully unique, beautifully updated private bath w sleek glass-enclosed shower & modern finishes for a spa-like feel. An additional bonus room provides flexibility as a potential 4th bedroom, office, gym, or storage space.
Recent improvements include furnace (Oct '24), interior paint ('25), garage door opener ('25), updated electrical panel, (per prior owner: newer shed, plus front eaves & gutters ('22) & septic system ('09)).
Outside you'll find an above-ground pool, hot tub on the back deck, chicken coop, newer storage shed, & LOTS of space for gardening, hobbies, or entertaining.
W/ 3 full bathrooms, over 2,300 sq ft, greenhouse space, sauna, hot tub, & a spacious fenced yard, this home offers distinctive features rarely found at this price point.
Showings begin 3/25, 9am. Offers due 4/1 at 3pm.
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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