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101 MACON Street
About This Property
The parlor level exudes charm with preserved wainscoting, restored decorative fireplaces, and sprawling hardwood floors. A state-of-the-art kitchen, complete with Jenn-Air appliances, Caesarstone Quartz countertops, and a herringbone backsplash, anchors the space, perfect for hosting unforgettable gatherings.
The upper levels boast sunlit bedrooms, versatile dens, and opulent bathrooms featuring radiant heated floors, glass-enclosed showers, and designer finishes. Crowning the home is a rooftop deck, accessed via an innovative electric glass skydoor, offering panoramic views and the ultimate retreat.
Situated moments from Nostrand Avenue Station and renowned local hotspots like Lovers Rock and Glorietta Baldy, this home offers a perfect blend of luxury and convenience.
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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%.
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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017