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125 Shields Avenue
About This Property
Welcome to one of the larger homes on the block, featuring a CO'd rear extension that adds valuable living space and flexibility. This spacious property offers 5 generously sized bedrooms upstairs, plus a finished basement with an additional bonus bedroom-perfect for a potential accessory apartment with proper permits. Basement has outside entrance. Featuring a 2nd floor washer/dryer and basement washer/dryer for your potential apartment.
Enjoy hardwood floors throughout, a cozy gas fireplace, and a well-equipped kitchen with gas cooking. Designed for comfort and efficiency, the home boasts 7 separate heat zones, radiant heated floors in the basement, and a new Roth oil tank.
Located on a quiet street in the heart of Williston Park, you're just minutes from schools, parks, shopping, and public transportation. A rare opportunity to own a larger, fully updated home in a prime location.
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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