1273 DANCY Street
About This Property
A light-filled sunroom adds flexible space ideal for a home office, reading nook, or creative retreat. The renovated bathroom, stainless steel appliances, and new washer and dryer make everyday living effortless. Out back, a large detached garage with existing electrical and plumbing opens the door to endless possibilities, whether a workshop, studio, or future conversion. The expansive yard provides plenty of room for outdoor living and entertaining. Tons of records on the property offer peace of mind, and with move-in ready condition, this home is ready for its next chapter.
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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