7 OBRIEN AVENUE
About This Property
Step inside and you'll immediately notice the all-new flooring throughout--The main level and all bathrooms feature beautiful, easy-care luxury vinyl plank wood-look flooring, providing both modern style aesthetics and daily practicality for foot traffic. The main level kitchen includes solid quartz countertops, ample hardwood cabinetry, and a brand new stove. A separate dining room area is immediately off of the kitchen, and the large living room has a view of the front yard and drive. Up a short flight of stairs in this split-level home, you'll find new carpeting and fresh paint in all bedrooms, a hall bath, linen closet, and a primary bedroom with an ensuite full bathroom. On the immediate lower level, you'll find a large family room/rec room with plenty of windows (and areaway access a few steps up to the backyard), a walk-in closet (the entire level was previously used as a fourth bedroom), plus a large unfinished storage area to the rear, potentially suitable for another bathroom (buyer to verify rough-in). Down a few more stairs to the final unfinished level of the home is the utility and laundry area, complete with washer, dryer, and a laundry tub--and tons of space for storage! You'll love the large hardscaped backyard patio area, just steps away from the kitchen/dining, perfect for sitting outside while entertaining guests, enjoying morning coffee, or a relaxing weekend hangout. Enjoy the peace of mind of a brand-new roof installed in 2025, ensuring many years of worry-free living, and plenty of updated LED lighting throughout. A sought-after cul-de-sac location translates to limited vehicle traffic, and the concrete double driveway provides plenty of parking. This wonderful home is truly move-in ready! A one-year home warranty is included.
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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