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1029 Judith Avenue
About This Property
This brand-new house has over 2,500 square feet of living space. The outside is built with classic brick on the bottom and modern siding on top. Inside, the first floor has a large Family Room, a Kitchen with an island and pantry, and a Breakfast area. There is also a flex room, a bedroom, and a full bathroom on the main floor. Upstairs, you will find a huge Owner's Suite with its own bathroom and walk-in closet. There are two more bedrooms, another full bath, and a laundry room on this level as well. The home also includes a two-car garage and front and back porches.
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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