7718 Banyan Boulevard
About This Property
This beautiful 4 bedroom 2 bathroom home is Pottery Barn catalog quality. The pride of ownership shows throughout. The moment you walk through the double entry doors you will notice an abundance of natural light, volume ceilings, the open concept floor plan, and beautiful laminate flooring throughout. There is a gorgeous fireplace off of the formal dining room and a kitchen with 40'' cabinets and newer stainless steel appliances. The kitchen also opens up to a spacious family room with a beautiful bay window eat-in nook. This gorgeous home has a split bedroom floorplan. The master bedroom has beautiful tray ceilings, french doors that lead out to the covered patio area, his and hers closets, jacuzzi tub, and a dual entry shower. There is a beautiful spacious covered and screened in patio area and a brand new wooden deck made of extra durable material just outside of the screened-in patio which is the perfect space to BBQ and entertain! Wonderful location, close to Kidscape Park, restaurants, shopping and more. Schedule your private showing today.
Updates include:
2 year new roof
Freshly painted (summer of 2019)
Accordion shutters throughout
ENTIRE house has LED lighting inside AND out (except one light in the master closet)
New laminate flooring throughout (there is extra flooring in the attic)
Generator hook up with built in guardian switch
All water softener equipment is less than 5 years old. The pressure tank has a 5-year warranty.
Reverse osmosis under the sink in the kitchen and also works for the freezer.
Kitchen SS appliances 3 years old
Brand new garage door opener with WIFI connectivity so you can open it with an app or when you get close to the home.
AC 2015
Additional flooring in the attic
1-year-old HW heater
Washer 2.5 years old
Epoxy garage floor
Automatic sprinkler system
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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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About The Acreage
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017