120 W PINE STREET
About This Property
The spacious, tastefully updated kitchen is a true highlight-complete with a large island, radiant heated floors to keep you warm in the winter, and elegant under-cabinet lighting. Just off the kitchen, you'll find a convenient mudroom and stylish half bath, perfectly situated near the back door for easy access to the fully fenced backyard.
Step outside to a private oasis featuring a six-foot privacy fence, a lovely patio area ideal for outdoor dining or relaxing, and a handy storage shed at the rear of the yard.
Upstairs, you'll find three comfortable bedrooms and a full bathroom, also equipped with radiant heated floors. Hardwood floors lie beneath the carpet, offering potential for a future update. The finished third floor provides a versatile space that can be used as a fourth bedroom, home office, playroom, or hobby area. There's also a generous 16' x 10' attic space for all your storage needs.
The full, high-and-dry basement offers even more potential-whether for finishing or keeping as ample storage space. Laundry is conveniently located here, along with a tankless hot water system that ensures you'll never run out of hot water.
This home combines classic charm with modern updates in a prime location-don't miss your chance to make it yours!
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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