7 Stonewall Circle
About This Property
The home's brand new flooring is highlighted by the floor to ceiling windows bringing in tons of natural light into the open living room and dining area. Right next to it is the renovated and modern eat-in kitchen which leads out to the large deck overlooking the spacious fenced-in backyard. The 1st floor has an updated main bathroom which comes with sleek new laundry machines right across the easy to access hall linen closet. Also on this level is the master bedroom which has both a walk-in and double door closet complete with a full ensuite bathroom. The two other bedrooms on this level have both a classic and rustic feel, perfect for a guest room or home office. The lower level has the potential of an extra living space, complete with a spacious bedroom with full ensuite bathroom and a double door into a hidden outdoor deck space. Secondary laundry can also be found here with the attached 2 car garage which has been outfitted with completely new hardware. The large, up to four car driveway even gives you the option of creating extra storage space or a home gym. And, live both comfortably and sustainably with access to an EV charger and a solar panel system that cuts costs of the home's central air. Located near two major highways, bus lines, and multiple shopping plazas, this extremely convenient but bustling location somehow sits at the top of a quiet and beautifully sunny enclosed neighborhood. Don't miss this rare opportunity! Additional Information: ParkingFeatures:2 Car Attached,
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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