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15 Irving Place
About This Property
Featuring 3 generous bedrooms and 2.5 beautifully appointed bathrooms, including a primary suite designed for relaxation. Enjoy year-round comfort with Central Air Conditioning and the efficiency of Gas Heat. Brand New Finished Basement: This freshly completed space offers endless possibilities-perfect for a home theater, private gym, or a dedicated home office. The open-concept flow on the main floor is ideal for entertaining, featuring high ceilings and premium finishes that reflect the home's young age. Located on a quiet, tree-lined street, 15 Irving Place provides a peaceful retreat while remaining close to local parks, shopping, and major transportation.
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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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About Islip Terrace
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017