800 WISTERIA DR
About This Property
Welcome to your new home in the desirable Walnut Ridge community! This lovely 3-bedroom, 2.5-bath split foyer home, with private driveway and the entire exterior just freshly painted, sits on a serene .64-acre lot in a quiet cul-de-sac, offering both tranquility and convenience. Upon entering, you'll be greeted by a foyer with parquet wood flooring and coat closet, while the upper level features gleaming hardwood floors throughout the living room and bedrooms. The primary bedroom boasts an updated ensuite bath with a shower, while two additional bedrooms share an updated hall bath with a tub/shower. The spacious table-space kitchen is a chef's delight, featuring cherrywood cabinets, crown molding, stainless steel appliances (including a brand-new microwave), and a composite brick-look backsplash. A door from the kitchen leads to the side driveway via a freshly painted stairway. Adjacent to the kitchen, French-style glass doors open into a sunlit addition, you can use as an office or sunroom with access to an elevated rear deck, complete with another freshly painted stairway to the backyard. The walk-out lower level, filled with natural light, includes a large recreation room with recessed lighting, updated wood-look ceramic tile flooring, a full-room wall shelf, and a charming brick fireplace. An updated half bath adds further convenience. The rear portion of the basement continues with wood-look ceramic tile flooring, offering significant storage space with multiple closets and shelving, as well as a laundry and utility area equipped with a washer, dryer, extra refrigerator, hot water heater, and heat pump. French-style glass doors open to a large covered concrete patio in the backyard, surrounded by beautiful trees. The backyard is a private oasis, featuring a fenced-in, shimmering built-in pool with new liner and new pool equipment, a concrete deck, and two large freshly painted sheds for additional storage. Don't miss this opportunity to own a beautiful home with modern updates, ample storage, and fantastic outdoor living spaces in a prime location! Note: Property being sold in As-Is.
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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