112 CLARK STREET
About This Property
The exterior features attractive, low-maintenance Hardie® fiber cement siding with the look of wood, a 2022 dimensional shingle roof, double-pane Low-E windows throughout, and rain gutters on both the home and detached garage. The large detached garage is much more than parking, offering a workshop area with full solid wood cabinetry and upgraded jackshaft garage door openers that maximize overhead space. Additional features include blinds integrated into select exterior doors, an oversized lot and an extended driveway providing plenty of room for parking and everyday use. A brand-new septic system, including tank and drainfield, was installed in 2026. The septic system is conveniently located in the front of the property, leaving the backyard open and unobstructed for a future pool or other outdoor improvements. A beautifully updated home with quality improvements, flexible living space and an exceptional detached garage/workshop! Schedule an Appointment to View this Gem Today!
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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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$2,900 /mo
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$2,900 /mo
- 3 Beds
- 2 Baths
- 1,877 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017