115 N Gorham Street
About This Property
Welcome to this beautifully updated home featuring 3 bedrooms and 2 full bathrooms. Step into the dream kitchen accented by stainless steel appliances, updated cabinetry, sleek countertops, and abundant natural light - perfect for both daily living and entertaining.
The bathrooms have been remodeled with modern finishes, including a spa-like tile walk-in shower and a luxurious jacuzzi tub. A bonus room provides flexible space for a home office, playroom, or additional living area.
Outside, enjoy the brand-new open front porch, fresh landscaping, and a 2-car garage. Major updates include new mechanicals and updated electrical, giving peace of mind for years to come.
This move-in ready home is the perfect blend of comfort, style, and functionality - a must-see!
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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