1380 W 78th Cir
About This Property
Step inside to find a spacious living area, ideal for hosting gatherings or simply unwinding after a long day. The open-plan design seamlessly connects to the kitchen, equipped with sleek appliances and ample storage space. Outside, a private deck beckons, offering the perfect spot for morning coffee or evening cocktails. The fenced yard provides ample space for furry friends or your green thumb endeavors. Plus, the addition of solar panels ensures energy efficiency and lower utility bills, making this home both eco-friendly and cost-effective.
Inside, you'll find a host of recent upgrades that enhance the home's modern appeal. Alongside the new furnace, tankless hot water heater, air conditioner, and updated plumbing and electrical systems, there are also remodeled bathrooms, adding to the comfort and convenience of the home. These improvements combine functionality with style, making the house a truly inviting space.
With its prime location near parks, shopping, dining, and easy access to major highways, this home offers the ultimate in comfort and convenience. Don't hesitate - schedule your showing today and make this gem yours!
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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