1511 3RD ST
About This Property
Imagine enjoying your morning coffee on the cozy front porch or hosting gatherings in the expansive backyard, perfect for entertaining family and friends. With a double driveway to accommodate lots of off street parking. There is an oversized shed in the back to provide plenty of storage.
The sellers are extremely motivated and are willing to negotiate a SELLERS CREDIT to help make your homeownership dreams a reality. Don't miss this incredible opportunity – schedule your tour today and make this beautiful rancher/rambler your home!
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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