9581 Parkview Avenue
About This Property
Inside there is a fabulous totally renovated Chef's kitchen with wenge European cabinetry, Thermador, Sub Zero, gas appliances and quartz countertops. Walker Zanger glass tile backsplash, with tongue and groove ceiling detail that extends into select other areas. Family room open to the kitchen and eat- in area with a view of the sprawling back yard.
The large living and dining area has windows that bring the outside in. This home boasts 3 bedrooms upstairs, remodeled for better utilization, and 2 fully updated bathrooms. Main bedroom on the first floor.
The bonus wing includes a huge 400 sq. ft. clubroom, (or full in-law's suite) full bath, huge laundry with 2 washer/dryers and a separate entrance.
The outside of the house includes 3 separate living areas and a huge yard. One area includes a covered lanai with summer kitchen with gas grill and plenty of room for outside dining and entertaining. Additional covered patios off the Main bedroom and living area allow you to gaze at the beautiful freeform pool and backyard space. - All covered areas have wood tongue and groove details in their ceilings. Behind the saltwater freeform pool is large space that can easily accommodate children's playground equipment or the like. Also out back is a gardener's dream- boxes set up for growing vegetable and herbs fresh banana and avocado trees. Full house generator. Great boutique enclave of only 84 homes.
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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.
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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