803 CROMWELL DR
About This Property
This home has been tastefully improved with sustainable and long lasting materials. Offering Geo - thermal energy, a metal roof, Pella windows, hardi-plank siding, fresh air Energy Recovery Ventilation (ERV), solid wood cabinets & doors and bamboo flooring throughout, this home truly is a RARE find!
This three level split is gorgeous inside and out! The slate walkway and patio invites one onto the covered front porch where there is plenty of space to relax. Or, move around to the the fenced back yard where there is a large stone patio with a dry stack stone perimeter. Either way, you can't go wrong.
The open floor plan of the entry level, provides plenty of space for dining, cooking, relaxing or working. The custom kitchen has solid wood cabinets, a double wall oven with warming drawer and a built in seating area. The backyard can be accessed from here. The upper level contains three bedrooms and a luxury bath with access from the hallway and the primary bedroom. The luxury bath has dual sinks with marble vanity top, marble floors and marble lined floating shower. There is a separate soaking tub with a stream of natural light. The primary bedroom offers a Queens Balcony to the backyard. The lower level offers a second family room, full bath, laundry room and walk out to the backyard.
The downspouts are buried forcing water away from the foundation and the parking spaces are designed with earth stabilizing filters creating a pervious surface allowing water to dissipate naturally and not run into the sewer.
The improvements on this property were made consciously with quality and a concern for sustainability. Truly one of a kind...
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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%.
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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