10 PINE STREET
About This Property
This move-in-ready home features three bedrooms and two full bathrooms. You'll find hardwood floors in the living room and bedrooms, and an updated kitchen with granite countertops. The main level offers a spacious recreation room with a fireplace and wet bar, leading out to a bright sunroom.
The open, flat yard is fully fenced, and the oversized deck and patio provide the perfect setting for quiet summer nights and outdoor entertaining. This home is priced to sell.
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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