15 Emerson Place
About This Property
Bright and well maintained center hall colonial in desirable Sunnyside neighborhood. 3 minute walk to train and/or library. Renovated kitchen with granite countertops. Hall bath updated with whirlpool tub. New windows, Hunter Douglas window treatments, breakfast nook, alarm system, and generator add value to this great location. Generous room sizes and easy, open flow for entertaining. Oversized deck adds to the entertaining space and overlooks the soccer sized rear yard. Walk out Basement is waiting for your design! Additional Information: ParkingFeatures:2 Car Detached,
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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