14 Macdonnell Heights
About This Property
The main level features an open-concept kitchen, dining, and living area, creating a comfortable space for everyday living and entertaining. A bright seasonal sunroom provides additional flexible living space and a great spot to relax, enjoy your morning coffee, or take in the outdoors.
The generously sized primary bedroom offers plenty of room to spread out and features a private en-suite bathroom, walk-in closet, and two additional closets for excellent storage.
Upstairs are two additional bedrooms and a Jack-and-Jill bathroom, offering a practical layout for family, guests, or a home office.
The property is being offered AS IS, providing an opportunity for the next owner to make it their own and add their personal touches.
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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