18
Map
120 Erlanger Boulevard
About This Property
The entryway welcomes you with access to the staircase, kitchen, or inviting living room. Adjacent to the kitchen, the cozy den provides a perfect space for relaxation. The dining area features sliding doors that lead to an oversized .44-acre lot, with an additional .17-acre lot included-ideal for entertaining, expansion, or endless possibilities!
Additional highlights include a basement and attic for ample storage, a one-car garage, and a prime location close to parks, shopping, and major highways. Don't miss this exceptional opportunity-schedule your private tour 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