1055 Archer Place
About This Property
Inside, you'll find four generously sized bedrooms and two full bathrooms, creating a versatile layout perfect for families or guests. The home features gas heat and hot water, adding efficiency and reliability year-round.
This property's ideal location puts you near parks, schools, shopping, and transportation, making it a convenient choice for commuters and anyone looking to enjoy all that Baldwin has to offer. With its classic brick exterior, functional layout, and prime location, 1055 Archer Place is ready 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