1500 FAWN STREET
About This Property
Step onto the relaxing front porch-the perfect spot for your morning coffee. Inside, you'll find a bright layout featuring an upgraded kitchen complete with sleek granite countertops. The true highlight of the home is the tranquil enclosed back porch; boasting a spectacular wall of windows, it bathes the space in natural light and offers peaceful views of your private, fully fenced-in backyard. Whether you're hosting summer barbecues or enjoying a quiet evening, this outdoor oasis is ready for you.
Additional features include a spacious 2-car garage with plenty of storage. While the home is entirely functional today, it gently awaits some cosmetic updates-offering you a fantastic chance to bring your own design ideas and instantly build sweat equity to create your absolute dream space. Don't miss out on this gem in a fantastic location!
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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