1215 NW 6TH Place
About This Property
The home features a spacious layout with an additional enclosed area at the back, providing the opportunity to create a 4th bedroom, second bathroom, or expanded living space. Situated on a large lot with a long paved driveway, there is plenty of room for parking and outdoor use.
Whether you're an investor, renovator, or buyer looking to customize a home near the university, this property is a rare chance to add value in a highly desirable location. Bring your ideas and transform this home into something special!
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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.
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About Fifth Avenue
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,100 /mo
- 4 Beds
- 3 Baths
- 1,684 ft²
$3,000 /mo
- 4 Beds
- 2 Baths
- 1,996 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017