8122 ELIZABETH RD
About This Property
Open the door and step into a world of modern comfort. Wide-plank wood floors flow throughout the main level, adding warmth and character. The heart of the home is the stunning updated kitchen, a chef's dream. Imagine yourself whipping up culinary delights with an abundance of counter space at your disposal, surrounded by sleek 42-inch cabinets featuring convenient pull-out drawers for easy access, granite countertops, and stainless appliances that gleam. For those who love to multitask, a designated workstation sits beside the kitchen, perfect for keeping an eye on homework or catching up on emails while dinner simmers.
For hosting parties, look no further than the stunning entertainment section. A wet bar with a built-in wine rack and a mini refrigerator ensures your guests' comfort and allows you to seamlessly flow between the kitchen area and this dedicated space for gathering.
The home offers five bedrooms and two remodeled bathrooms. Two of the bedrooms and one bathroom are conveniently located on the main level – ideal for those who prefer single-story living.
The upper-level features three spacious bedrooms which provide ample room for more family and guest. Unwind in the oversized primary suite, featuring luxurious plank vinyl flooring for a touch of modern elegance. The primary suite boasts two closets. One closet features custom-built-in cabinets, allowing you to organize your wardrobe with ease, and ensuring there is plenty of storage space for all your belongings.
Peace of mind is assured with a dual HVAC system, with one unit replaced in 2020 for optimal climate control. Additionally, the roof was also replaced in 2020 and boasts gutter guards for easy maintenance.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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