23
Map
1027 Monroe Street
About This Property
The versatile upper-level loft serves as a third bedroom, home office, or flexible living space to fit your needs. A full basement provides ample storage space and additional functionality.
Enjoy peace of mind with major improvements, including new windows (2022), new plumbing (2022), some updated electrical (2022), a new water heater (2022), and a new furnace (2024). Freshly painted exterior completes this move-in ready home.
Schedule your private showing today!
Agent owned
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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