11 Whitman Place
About This Property
In addition to its many features, this home boasts several upgrades that enhance its value and comfort. The AC system was updated 9 years ago, and the roof is just 5 years old with a transferable warranty for another 20 years. The pavement was redone 6 years ago, and the decks were fully repainted in 2024, making them perfect for outdoor gatherings. Don't miss the opportunity to make 11 Whitman Place your new home! Schedule your showing today!
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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