701 STRATFORD MANOR TERRACE
About This Property
Upon entering, you are greeted by the elegance of hardwood floors that grace the entry foyer, living room, and family room. The family room is a highlight, featuring a fire place, cathedral ceilings and skylights that flood the space with natural light. This area seamlessly connects to a previously remodeled kitchen, enhancing both functionality and style.
This Colonial-style home offers four spacious bedrooms and 2.5 bathrooms. The second-floor primary suite is a retreat, complete with cathedral ceilings, a walk-in closet, and a refreshed bathroom that includes a luxurious soaking tub and a separate shower. A thoughtfully updated hall bath serves the additional bedrooms.
The finished basement adds versatility to the home, offering a rec room perfect for entertainment or relaxation as well as a large storage area. Practical elements include a two-car garage that conveniently enters into the mud/laundry room on the main floor, equipped with both a dryer and washer.
Step outside from the family room to discover a wooden deck overlooking a beautifully landscaped backyard an ideal setting for outdoor gatherings or serene moments of reflection.
This smartly designed home combines classic features with modern updates, creating a perfect blend of comfort and sophistication. For those seeking a prime location and a welcoming community, 701 Stratford Manor Terrace represents an exceptional opportunity moments away from the ICC.
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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%.
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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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About Colesville
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$4,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017