764 Woods Drive
About This Property
The spacious primary bedroom suite also offers direct access to the backyard via French doors. Enjoy the intelligently designed primary bathroom featuring two separate vanities, dedicated water closet, glass-enclosed, curbless shower with dual showerheads, and a large walk-in closet.
Two additional bedrooms share a Jack-N-Jill bathroom with a unique and practical layout. Each bedroom has access to its own sink/vanity area; pocket doors separate those spaces from a third space in the middle with a walk-in shower and toilet, providing maximum flexibility and privacy for multiple users!
A fourth bedroom located on the opposite side of the living/kitchen/dining area from the other three bedrooms is ideal for older children, guests, or as an office/flex space. Find a third full bath across the hall from the fourth bedroom for easy and convenient access for all guests. Not to be overlooked on the way to the garage, discover a dedicated laundry room with built-in cabinetry and a utility sink. The over-sized two-car garage features epoxy flooring and wall storage system.
DO NOT WAIT to schedule your tour of this fantastic property!
NOTEWORTHY and PRACTICAL INFORMATION:
Assumable VA Loan with 3.125% interest rate, balance of approximately $654,000, and monthly payment (PITI) of $3906
Roof 2013
Water heater 2013
HVAC 2025
Pool 2013
Pool Pump 2023
Lawn Pump 2025
Recent major improvements and estimated costs:
2024 Kitchen renovation $62,000
2024 Vinyl flooring $10,000
2025 HVAC $11,000
2024 Attic insualtion $10,000
2023 Pool pump and equipment upgrades $3,000
2022 Epoxy garage flooring $3,500
2023 Shed in backyard $1,500
2022 and 2025 interior paint $3,000
2022 Grill for outdoor kitchen $1,000
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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