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8061 ATHENA STREET
About This Property
The stunning new custom kitchen features pristine cabinetry, quartz countertops, and stainless-steel appliances. The flexible dining area, with a custom fireplace, is perfect for entertaining or relaxing. The main level also offers spacious living and family rooms plus a library / office providing flexible spaces for everyday living.
Upstairs, the spacious primary suite features custom built-ins, a walk-in closet, stylish ceiling fan, and a beautifully renovated en-suite bath. Three additional bedrooms, with generous closet space and abundant natural light, share a brilliant hall bath .
The finished walkout lower boasts a large recreation room with a pellet stove, and offers a versatile 5th BR/bonus room ideal for a home office, gym, or hobbies. Completing this level - a full bath, laundry room with a convenient laundry chute, and a workshop.
Outside, beautiful landscaping and a stone paver walkway adds a welcoming first impression. A nature-lovers dream; enjoy the private, wooded backyard from the expansive patio or the two-level deck with spiral staircase. Additional major updates include a new (2026) roof, luxury vinyl plank flooring, fresh paint, new carpet, recessed lighting, stylish hardware, and beautifully remodeled bathrooms. The HVAC and water heater were both replaced in 2019. Newington Forest is a peaceful community nestled among mature trees and wooded common areas. The neighborhood offers a pool, playgrounds, trails, tennis & pickleball courts, community center and more. Find Newington Forest Elementary, South County Middle and High Schools just minutes away. Outdoor enthusiasts will enjoy the nearby parks, while a variety of great shopping and dining are sure to please. Major commuter routes & public services are easily accessible. This exceptional home offers the perfect blend of style, updates, and location.
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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 Newington Forest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017