1335 Votaw ROAD
About This Property
As you step inside, you'll immediately notice the open floor plan, which creates a seamless flow between the living, dining, and kitchen areas. This layout is perfect for entertaining guests or enjoying quality time with family. The tile and luxury vinyl flooring throughout the home not only add a touch of elegance but also make for easy maintenance.
The kitchen boasts modern appliances, plenty of storage space, and a convenient breakfast bar, making it a chef's delight. Imagine preparing delicious meals while still being part of the conversation with your loved ones in the adjacent living area.
The home features a 2-car garage, providing secure parking and additional storage space. Adjacent to the garage, a convenient mudroom offers a practical transition area for shoes, coats, and other outdoor gear, keeping the main living spaces tidy and organized. With its generous lot size, there is endless potential. The possibilities are limited only by your imagination.
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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