9701 Navarre Parkway
About This Property
Once you pull up to the home you are greeted with a warm and inviting covered entryway, with room for a porch swing or rocking chairs. The kitchen has been completely remodeled with high end appliances, custom 42 inch cabinetry, soft close drawers and the pantry is equipped with pull out drawers making storing and organizing a breeze. You will love the large breakfast island, gorgeous tile flooring and views of the sound through the double sliding doors in the living room.
The kitchen opens up to the large living room with also enjoys the unobstructed view of the Sound. Wood flooring, crown molding, and neutral color paint make this room a perfect space for entertaining or relaxing.
The home has a split floor plan, to the right off the kitchen is a large (addition) master bedroom with vaulted ceiling and an abundance of natural light. There are French doors that exit to the rear patio allowing for easy access to/from the water and patio. The master bathroom features a large tub, walk-in shower with multiple shower heads, glass door and corner seat. You will enjoy the dual sink vanity, and private water closet.
Off the kitchen and nearest the master bedroom is the over sized laundry room. This space has wonderful built-in cabinetry with access to the exterior of the home as well as the garage.
On the other side of the home are 2 large bedrooms and front office space. Warm wood flooring throughout and many closets and cabinets for storing all your items. The front office space could serve as a 4th bedroom or media room, playroom, or game room.
The two additional bedrooms have their own full bathroom. The hall bathroom has an updated vanity, tub/tile surround while the 3rd bathroom is an en suite.
The windows have been replaced in this home, there are 2 HVAC's and 2 water heaters.
This home is very inviting with its open well layout, numerous updates and simply the most amazing views.
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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