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7 Kellerhause Drive
About This Property
Designed with entertaining in mind, the open floor plan seamlessly connects the kitchen and family room to a spacious Trex deck, accessible through dual sliding doors. The deck overlooks a flat, fenced-in backyard, offering the perfect outdoor space for gatherings and relaxation. Adding even more value is the fully finished basement, complete with a wet bar, an additional bedroom, and a bathroom. The basement provides two expansive areas, ideal for a movie room or additional living spaces, offering flexibility to meet your lifestyle needs. Perched above all it's neighbors, this home boasts exquisite landscaping, including a serene rock garden, and a U-shaped driveway with dual entrances for convenience and a touch of grandeur. Despite its elevated position, the yard is perfectly FLAT, yes, flat and providing ample space for outdoor activities during the warmer months. This home is ideal for buyers seeking space, elegance, and a strong sense of community in a neighborhood where pride of ownership shines. Schedule your private showing today to experience everything this exceptional property has to offer!
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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