1071 Russell Blvd
About This Property
Upon entering you will be welcomed into the living room which is open to the dining room and kitchen space. Through the kitchen you'll find the utility and laundry room, washer and dryer are included. Finishing out the home with three bedrooms and two bathrooms, everything has been updated and ready for new owners!
A perfect starter home with a massive yard and beautiful mature trees. Take pleasure in the oversized front porch perfect for enjoying those summer evenings. The extra long driveway allows for ample parking as well as the carport perfect for storage and parking!
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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