110 Wait Street
About This Property
The kitchen is a true highlight featuring beautiful cherry wood color cabinets that provide storage space, w/ stainless steel appliances that add a touch of modern elegance, while the spacious eat-in area offers a delightful space for meals & gatherings. The primary bedroom is nicely sized & provides a large walk-in closet. Another room with closet could be use as office. Find 2-attached additional bedrooms, perfect for guests upstairs. A full bath on the upper level serves the needs of the bedrooms. Home office on the 1st floor for those who work from home. Outside, a fenced yard. The full basement provides potential for customization. With schools, parks, & public transportation in close proximity. This ensures convenience and accessibility to various amenities & services. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Attached,
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017