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Map
1365 Madison St
About This Property
1 car garage, full yard landscaping with front and back sprinkler system, newer fencing, and a large front porch.
Remodeled gourmet kitchen...5 burner gas stove, stainless hood, quartz countertops, 42" custom cabinets, soft close drawers, large under-mount sink, stainless appliances, wine refrigerator, subway tile backsplash, and tons of counter space.
Master bedroom with ceiling fan, attached master bath with dual vanity, spacious walk-in shower with dual shower heads, quartz countertops.
Other features include wood flooring, built-in hutch and storage, barn door to the master bath, euro glass shower enclosure, storm door, Trex decking on the front porch, clawfoot tub.
Updated systems include a newer boiler (radiant heat), New HVAC system (central air and forced-air heating was installed), added insulation, updated plumbing, and electric panel.
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Cap Rate Calculator
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