1116 YOUNG PL
About This Property
The updated baths and kitchen are a standout, featuring glass door cabinets, quartz countertops, and new refrigerator 2023.The home's charm is further accentuated by a four season room, the addition flooded with natural sunlight, provides a delightful retreat with views of the private fenced-in backyard.The four season addition is not reflected in the tax record, indicating a larger-than-documented house size.
Living with all 3 bedrooms and one and half baths on one level is a breeze with the main floor offering both functionality and style. The finished basement portion not only adds extra space but also provides versatility for various needs. Ample storage ensures that everything has its place. Outside, a patio in the private backyard offers an ideal spot for outdoor enjoyment.
Conveniently located close to Fort Detrick and downtown, this home is perfectly situated for a balance of work and play. Take advantage of the proximity to amenities while enjoying the tranquility of a charming neighborhood. Don't miss the opportunity to make this beautifully updated home yours!
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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%.
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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