131 14th Street
About This Property
Both bedrooms are bright and airy, with ceiling fans and ample closet space. The living room opens to a sliding glass door, leading to a lovely patio and fenced yard that wraps around the home-a perfect space for outdoor relaxation. Additional features include a gas stove, central air conditioning, and municipal water for year-round comfort. The washer and dryer are conveniently tucked away in a closet for easy access.
With Metro-North nearby for convenient commuting, quick access to Route 9, and walkable proximity to local restaurants and entertainment, this cozy home is ideally located. Enjoy peaceful strolls to Lake Meahagh and the Hudson River, explore Steamboat Waterfront Park, and take advantage of nearby George's Island Park.
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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