Welcome to this beautifully remodeled single-family home offering
over 5,000 square feet of living space with 5 bedrooms and 4.5
bathrooms. As you enter, you are greeted by an impressive curved
staircase and a bright, spacious floor plan. The main level
features a private study, library, or home office, brand-new LVP
flooring throughout, separate formal living and dining rooms, and a
convenient half bathroom. The modern updated gourmet kitchen
features granite countertops, stainless steel appliances, newer
appliances, and a brand-new built-in wall oven with microwave. The
kitchen opens to an extended sunroom with vaulted ceilings,
providing the perfect space for everyday living and entertaining,
with direct access to the newly built deck overlooking the private,
fully fenced backyard. The upper level offers four spacious
bedrooms and three full bathrooms. The primary suite features
vaulted ceilings, a walk-in closet with custom built-ins, and an
attached luxury bathroom with separate vanities, a standing shower,
and a soaking tub. The upper level also includes a beautifully
remodeled hall bathroom and an additional private full bathroom
attached to one of the bedrooms. The fully finished basement offers
even more living space with a fifth bedroom/NTC featuring a walk-in
closet, a full bathroom, a spacious recreation room, and a huge
storage area. Major systems have also been updated, with the roof,
HVAC, and water heater all less than 10 years old. With over 5,000
square feet, extensive updates, multiple living and entertaining
spaces, a newly built deck, and a private fenced backyard, this
move-in-ready home offers an exceptional combination of space,
comfort, and modern finishes ***Owner holds an Active Real Estate
License***
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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Address: 335 Madison Avenue, New York, NY 10017