1C Calam Avenue
About This Property
Major updates offer peace of mind, including new sound-reducing, UV-protective windows (2022) with a transferable 25-year warranty, and a new roof, gutters, and soffits (2025) with transferable warranty coverage. Additional improvements include updated copper plumbing, custom cellular window shades, newer appliances (approximately 6 years old), and fresh interior paint.
Enjoy gas heat, municipal water and sewer, driveway parking, and a spacious backyard complete with patio, retaining wall, two sheds, and a beautiful Japanese maple tree. Conveniently located near parks, shops, and Metro-North rail for an easy commute.
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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.
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017