10602 Engelmann Ave
About This Property
A welcoming covered front porch sets the tone for charm and curb appeal. Inside, you'll find an open-concept living area filled with natural light and designed for seamless flow between the living room, dining area, and kitchen - ideal for entertaining and everyday living. The kitchen features quartz countertops, a center island, stainless steel appliances.
The spacious owner's suite is privately situated and includes a walk-in closet and a luxurious en-suite bath with dual vanities, a soaking tub, and a tile walk-in shower. Two additional bedrooms share a full bath, while the fourth bedroom, located near the third bath, is perfect for guests or a home office.
Enjoy the outdoors from either the front or rear covered porch. The back porch provides the perfect space to relax or entertain.
Additional highlights include luxury vinyl plank flooring, a dedicated laundry room, energy-efficient systems, and a two-car garage for ample storage.
See this home today. Move-In Ready.
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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