1508 4th Street
About This Property
Upstairs, you'll find a large bonus room, two additional bedrooms, and a fully updated bathroom. A second unfinished closet offers flexibility for added storage or future expansion. The gigantic walk-out attic provides substantial storage or the opportunity to add square footage or a media room and is already structured for an addition.
Out back, your private retreat is complete with an extended covered outdoor seating area, heated pool and spa, and low-maintenance artificial turf with gated side yard for dog run or extra play! Additional updates include newer carpet and roof installed in 2024. Location is ideal with greenspace across the street and privacy for pool time in the back!
Zoned to highly acclaimed Argyle ISD, including Argyle West Elem, and located in the award-winning Harvest community, known for its unmatched lifestyle amenities including pools, fitness centers, parks, dog parks, community events, and an on-site coffee shop. Schedule your showing today!
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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%.
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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