1503 Young Street
About This Property
Step inside to discover gleaming hardwood floors that flow throughout the living areas, complemented by elegant tile flooring in the kitchen and bathrooms. The kitchen is a chef's dream, featuring granite countertops, brand new cabinets, and new appliances. Fresh paint throughout the home and updated bathrooms add a touch of contemporary style and comfort.
The primary bedroom is a peaceful retreat, complete with its own ensuite bathroom, as well as a nicely sized closet for all your storage needs. Outside, the fenced-in backyard offers privacy and space for outdoor activities, along with a convenient shed for additional storage. Plus, a brand new HVAC unit ensures year-round comfort. Don't miss out on this move-in ready home – schedule your visit today!
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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