127 Schuler Street
About This Property
The home has been extensively renovated, including a fully updated kitchen and new countertops, sink, faucet, backsplash, appliances, and a custom bar area. The upstairs and bathroom have been completely redone, along with new flooring upstairs and in the kitchen. Orginal hardwood floors throughout the rest of the home have been freshly sanded and finished.
Additional updates include all new windows, new basement windows, updated lighting throughout, fresh paint across the entire house, and a newly tiled bathroom and front entryway. The fences-in backyard provides a great private outdoor space.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017