7 Featherbone Avenue
About This Property
Step inside to find a fully renovated interior with a modern, yet historic feel, creating a warm and inviting atmosphere throughout. The open floor plan is perfect for large gatherings, and the designer vintage details add a touch of elegance to the space. The first floor features a cozy bedroom and a luxurious full bath, making it ideal for hosting guests.
Head up the stairs to the second floor to discover two more spacious bedrooms, each featuring ample closet space and natural light. The third floor offers a sleeping loft with four built-in beds, providing the perfect space for kids or guests to relax and unwind.
The outdoor space is equally impressive, with a spacious deck perfect for outdoor dining and entertaining. There's also a rec room in the attached carriage house, providing additional space for relaxation and fun. Enjoy summer evenings around the firepit, making memories in this picturesque setting.
Located just one block off the main street in the Village of Three Oaks and behind Journeyman Distillery, this property has been a successful rental property and is fully furnished, allowing you to start enjoying it right away. Don't miss your chance to own this stunning and unique modern farmhouse in one of the most sought-after locations in the area.
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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