102 1ST AVENUE
About This Property
Welcome to 102 1st Avenue, a charming corner lot home filled with timeless character and located in one of Pitman's most sought-after neighborhoods. This 3-bedroom, 1.5-bath home offers the perfect blend of classic charm, comfortable living, and an unbeatable location.
Step inside and be welcomed by an abundance of natural light that fills the home, creating a warm and inviting atmosphere throughout. Original character and old-world charm can be found in every room, offering the unique details and craftsmanship that make older homes so special. Whether you're relaxing in the cozy living spaces or gathering with family and friends, this home provides the perfect setting for everyday living.
The home features three generously sized bedrooms, a convenient first-floor half bath, and a full bathroom upstairs. A walk-up attic and unfinished basement provide exceptional storage space, with endless possibilities for hobbies, a workshop, or future finishing to suit your needs.
Outside, you'll enjoy being part of a picturesque neighborhood known for its tree-lined streets and welcoming community. Best of all, you're just steps from vibrant Pitman Broadway, where you can explore local restaurants, coffee shops, bakeries, boutiques, and specialty stores, while also enjoying seasonal festivals, farmers markets, and community events that make Pitman such a special place to call home.
If you've been searching for a home with character, abundant natural light, generous storage, and an exceptional walkable location, 102 1st Avenue is one you won't want to miss.
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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