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9318 SYDNEY WAY
About This Property
The main level features a bedroom and full bath, ideal for guests, multigenerational living, or a private home office. A custom glass slider creates a dedicated office or flex space while maintaining the open feel. The kitchen opens seamlessly to the main living area and includes granite countertops, stainless steel appliances, subway tile backsplash, and in ceiling surround sound.
Upstairs, the spacious owner's suite includes a private porch, spa like bath with soaking tub, glass walk in shower, dual vanities, and a large walk in closet. Additional bedrooms all include walk in closets, and the oversized loft provides flexible living space with built in speakers for a great entertainment space!
The fully finished walkout basement offers a large rec room, additional bedroom, full bath, and a kitchenette creating excellent in law suite potential.
Outdoor features include a fully fenced backyard with a 6 foot vinyl privacy fence, patio, front porch, and private owner's suite porch. Additional highlights include brand new carpet, a 2 car garage, and a full security camera system. Built in 2019, this home offers modern construction with thoughtful upgrades throughout.
Call today for details or your private showing.
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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%.
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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