1007 Virgie Street
About This Property
The gourmet kitchen with oversized island flows seamlessly from the dining room to the backyard oasis - an entertainer's dream! The floating staircase brings you up to the primary suite. A tranquil retreat with a tongue-and-groove ceiling, dual vanities flanking a soaking tub, oversized shower, and a palatial walk-in closet. Upstairs, you'll also find a flex room with custom media console and an additional bedroom with an en-suite bath, perfect for guests, an additional office, or growing needs.
Outside, the private backyard designed by renowned landscape architect, Preston Montague, invites you to sip your morning coffee or unwind under the stars in the saltwater plunge pool/ hot tub.
Walking distance to Ninth Street and just steps away from local favorites: Cocoa Cinnamon, Monuts, Vin Rouge and more!
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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