149 Pelton Avenue
About This Property
The home boasts newer mechanicals, a steel roof, and a large workshop/storage area to meet all of your needs. Situated on a quiet street with close proximity to schools, downtown, and shopping, this is a true one-of-a-kind home that is hitting the market for the first time in 30 years. Pride in ownership is evident in every special and unique part from the distinctive wood floors and closets to the charming doors and bathroom vanities. This move-in-ready home is waiting for its new family to create lasting memories. Move fast this wonderful home won't last long. Call Matthew D. Miller for your own private viewing of this house.
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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