150 Front Street
About This Property
Enter the home via a small flight of stairs which will take you to an open plan first floor with 9'ceilings throughout. The gourmet kitchen is equipped with stainless steel appliances, quartz countertops, a 6' kitchen island, and a pantry. The first floor continues with a large open dining and living room with a gas fireplace and built-in media cabinet followed by a powder room, and a second coat closet. The second floor invites you with an oversized 10' ceiling master bedroom with custom custom closets, and an ensuite bathroom with a large shower, double vanity, and a soaking tub. Two remaining bedrooms with custom closets share a full bathroom. Off the hallway, you will find the washer/dryer and a linen closet.
The basement includes a two-car garage, a mechanical room, and a gym with extra storage. Enjoy the professionally landscaped front yard and fenced-in private backyard. Additional Information: ParkingFeatures:2 Car Attached,
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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