89 Tarnoff Avenue
About This Property
Upstairs, discover two bedrooms and a full bath, providing comfortable accommodations for family and guests. Enhance your living space with the partially finished walkout basement, perfect for storage or customizable to meet your unique needs. Explore the potential for a second kitchen, equipped with a double cast iron sink, cabinet space, drawers, and a stove hookup. Experience the assurance of a new roof expertly installed by Dream Home, boasting a 25-year warranty and crafted from top-of-the-line materials. Pair this with Forever Windows by Castle Windows, ensuring enduring quality and efficiency backed by a lifetime guarantee covering repairs.
Enjoy the tranquility of the outdoors on the small enclosed front sunroom leading to the front deck, or retreat to the wraparound back deck with a roof and skylights, offering a unique double-deck experience and breathtaking views of nature. Homeowner installed irrigation and French drain systems, effectively managing water flow and ensuring dry conditions across the property.
Concluding with practical amenities,two detached car garages provide ample parking and storage space. The solar panels make this home energy efficient and offer a fixed utility bill. With a fairly new septic system and well with Rainsoft purification system both replaced within the past ten years, along with meticulously maintained grounds, this property offers unmatched privacy, tranquility, and potential.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Feb 23, 2024 | Listed by Keller Williams Realty Monmouth/Ocean | $399,333 | |
| Listed by Keller Williams Realty Monmouth/Ocean | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017