825 LOWER BARN WAY
About This Property
The upper level is home to generously sized bedrooms, all of which are light-filled and ideal for any number of configurations. The primary bedroom suite is the perfect retreat with its oversized layout, sitting room, tray ceiling, three walk-in closets, and luxury bath with both a separate soaking tub and large walk-in shower stall. Each secondary bedroom features its own private en-suite bath, ensuring that whether guests or family, everyone has a sense of privacy and comfort.
Downstairs, you can enjoy a massive recreation room that is perfect for any lifestyle. With room for a media room, game room, home gym, bonus bedroom, storage, and so much more, you'll love this totally flexible space.
The owners have kept this home in absolutely pristine condition, but have also upgraded it with numerous smart features to suit a modern lifestyle. Enjoy features such as: multiple wireless access points, Alexa smart home integration throughout, built-in ceiling speakers, patio sound system, smart lighting through most of the home, Nest thermostats, pre-wired televisions, Savant Smart House features, a security system with 4 Ring cameras, and so, so much more - all designed with peace of mind and comfortable living in mind.
Not many homes offer the luxurious relaxation afforded by this exceptional home, and all packaged in such a wonderful location. Olney is a quickly-growing community hub that offers the perfect combination of peace and privacy with easy convenience. You'll love being tucked away yet close to it all - shopping, dining, hot spots, and commuter routes are just moments away, yet the neighborhoods offer a laid back lifestyle that promotes enjoying the beautiful weather, the natural setting, and the changing seasons. This home truly has it all - don't delay!
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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