86 GODDARD DRIVE
About This Property
This unique property features a spacious 3-bedroom, 2.5-bath main home plus a fully built-out, detached 900-sq-ft 1-bedroom, 1-bath in-law suite complete with its own full kitchen-ideal for guests, multi-generational living, or rental income.
An attached 2-car garage (with one bay currently converted) and an extended driveway provide ample parking space for multiple vehicles, a boat, or an RV. The updated kitchen (2017) showcases stainless steel appliances, solid-wood cabinetry, and granite countertops.
The primary suite impresses with a pool-view sitting area or office, dual walk-in closets, and a spacious bathroom featuring dual vanities, a soaking tub, and a separate shower. Step outside to enjoy the sparkling screened pool (resurfaced in 2019) and fenced dog run-perfect for relaxing or entertaining.
Energy-efficient double-pane windows offer comfort, storm durability, and sound reduction. With its solid construction and thoughtful updates, this home provides a fantastic foundation for your personal design touches.
Additional highlights: New roof (2017) and NO HOA!
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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%.
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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017