6730 Catalpa St
About This Property
Upon entering, a formal dining room serves as the focal point of the home - a flexible space that can easily convert into a family room, home office, or whatever suits your lifestyle. Continue into the open floor plan, where the kitchen flows seamlessly into a daily eat-in space and a living room with soaring ceilings. Hardwood floors run throughout the main level, complementing the kitchen's timeless dark cabinetry, stainless steel hardware and appliances, quartz countertops, and a large center island. The spacious living room is filled with natural light from ample windows and features a cozy gas fireplace.
The upper level is home to a suite-like primary bedroom featuring high vaulted ceilings, floor-to-ceiling windows, and a two-way gas fireplace that shines through to the spa-like 5-piece bath. A generous walk-in closet with custom shelving completes the primary suite. This level also offers a versatile loft space - perfect for a home office or separate TV/media room - along with two additional bedrooms, a full bathroom, and a convenient laundry room.
The unfinished basement offers a blank canvas for future expansion - whether that's a home gym, additional living space, or storage.
Outside, this corner-lot property backs to extra neighborhood parking and an alleyway for added convenience. An oversized two-car garage provides ample space for vehicles, storage, or a workshop. Enjoy an extended patio and pergola, ideal for outdoor entertaining, alongside an expansive grassy yard, garden beds, and a storage shed.
Perfectly positioned with close proximity to highways, shopping, and restaurants, this home offers the ideal balance of comfort and convenience.
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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