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668 209TH STREET
About This Property
This recently updated 3–4 bedroom, 2 full bath split-foyer home truly checks all the boxes. The open-concept layout offers flexible living space, including a spacious 17x10 main-level bedroom that can easily be converted back into two separate bedrooms if desired.
The kitchen features granite countertops, a breakfast bar, and a brand-new over-the-range microwave. The lower level offers excellent potential for an in-law suite, complete with a walk-out to the backyard.
Enjoy peace of mind with a brand-new roof and a newer outdoor condenser unit. Step outside from the kitchen onto a generous 13x32 deck with a built-in bar and enclosed TV-perfect for entertaining or relaxing.
The fully fenced backyard provides privacy with a 6-foot white vinyl fence and two sets of double gates, creating an ideal outdoor retreat.
A few blocks away the county has recently renovated Green Haven Wharf - a popular spot on Stoney Creek for fishing, kayaking, paddleboarding, featuring a renovated pier with ADA accessible fishing stations, new benches, boat launch, and so much more!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017