811 HIGH PLAIN DRIVE
About This Property
Bricked front curb appeal is a showstopper. Nestled in a highly sought-after Fairwind Farms neighborhood, this beautifully maintained 5-bedroom, 3.5-bath residence offers the perfect blend of comfort, functionality, and style. From the moment you arrive, you'll be struck by its welcoming curb appeal and the thoughtful upgrades throughout.
Welcome inside to discover a bright, flowing floor plan that suits both everyday living and entertaining. The newly renovated kitchen is a showstopper as well, featuring contemporary finishes and quality craftsmanship that make it the heart of the home. The bathrooms have also been tastefully updated, offering a fresh and timeless design throughout. The main living areas are spacious and filled with natural light, while the recently installed Andersen Series windows-worth over $50,000-provide top-tier energy efficiency, noise reduction, and a refined aesthetic. These windows elevate the entire home while significantly improving comfort and lowering utility costs. In addition to the windows, Anderson also installed front door and both sliding doors.
The lower level of the home offers a fantastic in-law suite complete with its own full kitchen, full bath, gas
fireplace, and a private walk-out with exterior stairs-perfect for extended family, guests, or additional income potential. Basement can also function as great space for entertainment and cozy space by the fireplace. A new high efficiency HVAC system that was installed in 2024 ensures year-round comfort, and the roof, approx 6 years old, adds peace of mind. Outside, the hardscaped backyard offers a low-maintenance retreat ideal for entertaining or enjoying a quiet evening at home. A spacious two-car garage adds even more convenience.
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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