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103 Morningside Avenue
About This Property
Inside, you'll find 3 spacious bedrooms and 1.5 well-appointed bathrooms, all complemented by high ceilings on every level that enhance the sense of openness throughout the home. The recently renovated modern kitchen features sleek new cabinetry, elegant tile work, and stainless steel appliances creates a perfect setting for home cooking and entertaining.
Step outside to a private backyard, ideal for summer barbecues, outdoor dining, or simply relaxing under the stars.
Additional highlights include:
-Walkout basement with endless potential-create a home gym, office, recreation room, or guest suite
-Efficient baseboard heating throughout
-Window AC compatibility for personalized comfort
-New electric on-demand water heater
- New roof (under 5 years)
Located in a welcoming neighborhood with convenient access to parks, transit, and local amenities, this charming home is move-in ready and waiting for you to make it your own.
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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