1301 S 3rd
About This Property
Inside, the charm continues with two spacious living rooms and large windows that flood the home with natural light. A formal dining room with an elegant chandelier sets the stage for memorable gatherings.
The kitchen sits just off the dining room and offers a stylish blend of function and warmth with white cabinets, butcher-block-style countertops, and a tiled backsplash. Each bedroom is generously sized, and the primary suite includes its own private ensuite for added comfort and convenience.
Step outside to enjoy the backyard oasis, featuring a pergola, mature shade trees, and a storage shed for extra space.
Full of charm, personality, and outdoor appeal, this enchanting home is ready to welcome its next owner!
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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