11 Mid Place
About This Property
Upon entry, you are greeted by an inviting interior featuring dining room with fire place, modern open kitchen and living room, thoughtfully designed for both everyday living and elegant entertaining. The chef's kitchen is appointed with ample cabinetry and generous workspace.
The main home offers 3 bedrooms and 2 full bathrooms (one offers floor heating), creating a serene retreat for rest and relaxation, finished basement with plenty of storage, and two care garage. Attention to detail with European finishes, pride of ownership are evident throughout. Apartment offers cathedral sealing in a large living area, large eat in kitchen, one bedroom, laundry and large bathroom. Leased Solar Panels.
Step outside to a private backyard oasis with semi-inground heated pool, pavers patio, gazebo, perfect for outdoor entertaining, summer gatherings, or quiet evenings at home.
Conveniently located near parks, shopping, dining, major roadways, and transportation, this residence combines suburban tranquility with easy access to all local amenities.
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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