134 N 87TH Street
About This Property
The kitchen is equipped with sleek stainless steel appliances, ample cabinetry, and a functional layout ideal for everyday cooking and entertaining. Situated on an expansive 13,000+ square foot lot, the property offers generous outdoor space with endless possibilities for gardening, play areas, or even a future pool. The recently landscaped backyard is a true retreat, featuring artificial turf, paver walkways, a gazebo with a built-in grill, and an insulated shed, with electricity, that is perfect for storage, hobbies, or a workshop.
A brand new 1,250-gallon septic system, installed in March 2025, is conveniently located at the front of the home, leaving the backyard completely open for future expansion or the addition of a pool.
Recent upgrades add tremendous value and peace of mind, including an owned solar power system, a newer HVAC system, newer energy-efficient windows, and a newly installed electric vehicle chargerbringing eco-conscious living to the forefront.
This move-in-ready gem blends comfort, efficiency, and room to growall in a desirable single-story layout. Don't miss your opportunity to make it your own!
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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