105 1St Avenue
About This Property
Heat-pump Water Heater
Low-E Windows
All CFL lighting
14 SEER HVAC
R-13/R-38 Insulation
Tightly sealed home
Fully installed security system
Surround sound pre-wire
Cultured Marble tub and shower with frame-less enclosure in Master
3cm Granite Kitchen and Vanity tops
Structure wiring
Under cabinet lights in Kitchen
Double lighted tray in LR, single lighted tray in Master
Programmable irrigation system on well
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Cap Rate Calculator
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