1075 Jersey St
About This Property
The kitchen is designed to impress with slab granite countertops, stainless steel appliances, a six-burner gas range with griddle, pantry, and generous cabinet storage. It flows into the dining room, highlighted by a coffered ceiling and custom stained glass, before opening to a large family room with a gas fireplace and views of the beautifully landscaped backyard.
Two bedrooms and a full bath are located on the main level, while upstairs you'll find a private bedroom suite and an expansive primary retreat featuring a sitting area, wet bar, oversized walk-in closet with built-ins, and a spa-like bath with dual vanities, a jetted soaking tub, and steam shower. Total of three bedrooms upstairs brings the total bedroom count to Five.
Outside, the private backyard offers a peaceful setting to relax or entertain. This home has incredible upgrades including Solar Panels, and a massive detached garage with an eight foot tall garage door makes living easy. Ideally located just moments from Mayfair Park and walkable to shopping, and dining, this home combines generous living space with everyday convenience.
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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