9912 PINEHURST AVENUE
About This Property
Step inside to a bright and spacious main level featuring a living room with two walls of windows, a striking brick feature wall with wood-burning fireplace, and custom Crate & Barrel shelving. The dining room opens directly to the side yard, while the kitchen is equipped with granite countertops, a brand-new refrigerator, and range. A sun-drenched four-season room with soaring 10-foot ceilings offers additional access to the backyard and the perfect spot to relax. Three comfortable bedrooms and a recently renovated full bath complete this level. The fully finished lower level expands your living space with a large family room highlighted by a second wood-burning fireplace, new LVP flooring, and a built-in bar with beverage fridge. This level also includes a fourth bedroom with new carpet, full bath, office, and laundry room. Outdoors, enjoy multiple spaces to relax and entertain. The front yard features a lovely brick patio, while the fully fenced backyard includes a Trex deck, new in 2020, a shed and a separately fenced dog run with deodorized turf. Enjoy peace of mind with all the major systems updated within the last five years: Roof (2023), Boiler (2023), Water Heater (2023), fireplaces and chimneys (2021), rear fencing and dog run (2021), AC (2020), and Oil Tank (2020). All systems and chimneys are professionally cleaned and inspected annually, ensuring worry-free living for years to come. This sought-after location is just three blocks from Fairfax High School and less than one mile from Daniels Run Elementary. You are minutes from Van Dyck Park, offering hiking trails, a playground, tennis, basketball and pickleball courts. Nearby amenities include the Country Club Hills Pool, Army Navy Country Club, Fairfax Circle, and the vibrant Mosaic District.
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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