75 Sunrise Drive
About This Property
Through the kitchen towards the front of the home is an over sized dining room that features vintage lighting, beautiful trim throughout and ample room for an 8-10 person table and hutch.
The home has 4 large bedrooms and 3 full bathrooms. There is a wonderful bedroom located on the main level with full bathroom, walk-in shower and gorgeous vanity! There are two large closets and exit to the backyard and patio area.
Upstairs are 2 additional bedrooms and a jack and jill full bathroom, dual sinks and tub/shower surround.
The master bedroom is also upstairs with 2 walk-in closets, vaulted ceiling and absolutely fantastic master en suite. In the master bath you will be thrilled by the well lit, vaulted ceiling, neutrally painted master bath. This renovation is top notch with marble tile herringbone flooring, huge walk-in marble tiled shower, stunning vanity with dual sinks, upgraded mirrors, faucets, and lights. This space is literally a dream master bathroom!
There is a lovely gazebo that conveys "as is" and swing (frame conveys, swing does not) situated on the property perfect for enjoying the gorgeous sunset over the Lake.
This picturesque home is on a half acre lot that has been recently fenced-in with a 4 foot aluminum fence which allows for tremendous views of the Bay and Lake.
This home has had over $100,000 in renovations to include, all new flooring, new custom kitchen, custom master bathroom, whole house (interior) paint, new aluminum fencing, new lighting, and some new dimmer switches.
There is great storage in this home, all the bedrooms have HUGE closets and in the garage there is floored attic space.
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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