142 Blacksmith Road E
About This Property
This charming property offers 3 bedrooms and 1 full bath, perfect for comfortable living. Enjoy cozy evenings by the fireplace accented with elegant stonework, and modern touches like hi-hat lighting throughout. Recent upgrades include a brand-new above-ground oil tank and new insulation for energy efficiency. The private backyard, complete with PVC fencing and inground sprinklers, is ideal for relaxation or entertaining. This home is move-in ready and truly a must-see-sure to go fast!
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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