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9519 RED RAIN PATH
About This Property
Step inside to a welcoming living room with hardwood floors that flows seamlessly into the open eat-in kitchen. The light-filled kitchen boasts sparkling granite countertops, sleek stainless steel appliances, a breakfast bar, and a cozy family room with a wood-burning fireplace, perfect for everyday living and entertaining.
Step outside to a spacious deck overlooking the fully fenced backyard, offering plenty of room to relax, play, or host gatherings.
Upstairs, the expansive primary suite features a walk-in closet and a luxurious ensuite bath with a jetted soaking tub, separate walk-in shower, and dual vanity. Three additional generously sized bedrooms and a full hall bath complete the upper level.
The beautifully finished lower level offers exceptional versatility with a kitchenette, large recreation area, laundry room, fifth bedroom, and full bath, ideal for guests, extended family, or an in-law suite.
Conveniently located near shopping, dining, entertainment, and with easy access to I-95, this home combines comfort, space, and an unbeatable location. This one won't last long!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017