797 BROWN BEAR
About This Property
The open-concept layout features high ceilings, abundant natural light, and durable wood-look tile flooring throughout main areas. The spacious great room seamlessly connects to the gourmet kitchen with white cabinetry, stainless steel appliances, quartz countertops, large center island, and walk-in pantry. Sliding doors lead to the screened lanai overlooking a fully fenced backyard-perfect for outdoor living.
The split-floorplan primary suite offers a tray ceiling, walk-in closet, and en-suite with dual vanities, garden tub, and separate shower. Two additional bedrooms are bright with carpet and ample closets, plus a full guest bath.
Extras include indoor laundry, 2-car garage with epoxy floor, ceiling fans, recessed lighting, and plenty of storage. Enjoy the covered porch, paver driveway, lush landscaping, and brick-paver lanai. Low-maintenance living in a desirable neighborhood with no CDDschedule your tour today!
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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