OPEN Sunday 1-4pm! This lovely home in the sought after community
of BAY RIDGE sits on a level 50x200ft lot just 4 houses from the
Bay, and 2 blocks from the amazing Bay Ridge bay front community
pool***9 Hull Ave was designed and TOTALLY REBUILT IN 1989. And it
was a total demolition (see photos). It has 3 nicely sized
bedrooms (one ensuite primary bedroom), 3 full baths, one on the
main level, and 2 upstairs. The home was meticulously maintained by
an older gentleman whose attention to detail is evident from the
moment you walk in. The main level has (real) oak flooring
throughout. The roomy two story kitchen has granite counters and an
enormous palladian window above the sink. All the rooms downstairs
are charming, but the windows are spectacular! Throughout the house
the owner insisted on putting in these glorious, greatly OVERSIZED
ANDERSEN WINDOWS that bring in an enormous amount of light, and
give the house a great deal of warmth and charm. There are special
features everywhere.The screened porch off the dining area. The
huge Palladian windows in the front and the rear. The butler's
pantry off the kitchen. The good sized laundry room with an
adorable sink on the main level. The built-ins in the den/family
room. The perfect room proportions. The sitting area at the top of
the second floor stairs overlooking the kitchen. And don't miss the
attic! It's not living space, but, at the top of those pull down
stairs is an enormous, tall, fully floored 'room', with space to
store, safely, a lot of stuff. It's just a beautifully
designed, and a beautifully built home!**********The lot is also
fabulous. A small circular driveway can accommodate 3 cars, plus
the long driveway on the left can handle 3 or 4 more. In the
backyard is a small, 'old" block work building with electricity
(and at one time water). Another 100, beautifully landscaped, feet
back is a little grove of trees and another "very old' work shed.
The lot is very deep with enormous potential*********The community
of Bay Ridge is unmatched. The Bay Ridge Lifestyle is a real thing.
THE BAYSIDE POOL and clubhouse are spectacular. The huge community
owned BAY RIDGE MARINA (sitting, fully protected on Lake
Ogleton, just a couple hundred yards from the Bay) and the
community waterfront areas are always buzzing with parties and
cookouts and lots and lots of boats of all sizes. THE BIG WOODS,
the Bay Ridge Conservation Area (it sits within the community- you
are driving though some of it as you drive down Hull to this
house) is enormous with many trails and access to back creek*****
But it's THE BEACHES! The miles of private COMMUNITY OWNED
BEACH FRONTAGE that surrounds the peninsula within which Bay Ridge
'resides' truly sets this place apart from any other community
south of Cape Cod. Sandy beaches on one side go on forever and Bay
Ridge residents swim and picnic and walk for miles (our neighbor
here walks the perimeter every day). On the Bay Bridge side,
all summer long people pull their small catamarans, lasers and
dingees right on on these sandy beach for the summer. But all year
around people (and their dogs) walk these beaches, which the
community goes to a great deal trouble to beautifully maintain.
It's like a giant private waterfront park. It's the Bay Ridge
Lifestyle. Check it out. Drive around, slowly, a little bit. You
have in 9 Hull Ave a chance to get in on all this without spending
3 or 4 million dollars. Think about it!******* Open Sunday 1-4*****
Tape the Ravens game, you won't regret it!
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.
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