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71 Clara Street
About This Property
From the moment you arrive, the planted front terrace sets the tone: a true outdoor living space framed by vibrant seasonal plantings and a bold navy front door that announces something special awaits inside.
The generously sized main floor, with beautiful white oak floors, flows effortlessly from a spacious living room to a stylish dining area and a chef's kitchen featuring grey shaker cabinets, a farmhouse sink, stainless steel appliances, and a dramatic matte black tile floor.
Just off the living room, a dedicated office with floor-to-ceiling French doors opens to verdant treetop views, offering an inspiring work-from-home sanctuary that feels a world apart from the city. Upstairs, a skylit hallway leads to a serene primary bedroom and two additional bedrooms, all served by a beautifully appointed full bath with white subway tile and cobalt hex floors.
The finished lower level, equipped with a full-size Samsung washer and dryer, adds exceptional bonus living space comprising a recreation and media room, a bonus room that could be used as a bedroom, and a bathroom. The sun-soaked, ivy-draped rear deck is a private retreat of lush wooden decking, while a garage currently used as an artist's studio adds remarkable versatility to an already spacious living arrangement.
Situated on one of Kensington's most picturesque, tree-canopied blocks - quiet with little through traffic and free of mid- to high-rise buildings - 71 Clara Street sits within a neighborhood celebrated for its architectural beauty, diverse community, and thriving independent restaurant and cafe scene along Church Avenue. The F and G trains are minutes away for an easy Manhattan commute, and Greenwood Cemetery and Prospect Park are just around the corner. This is a lifestyle, a sanctuary, and a rare opportunity to own a complete Brooklyn home with outdoor space at every level.
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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