15313 YORK RD
About This Property
Please note, the Seller removed an upper hallway wall (which contained the door to the then Primary Bedroom), in an effort to make the space a bit larger. As such, the former Primary Bedroom space is now referred to as a Bonus Room (since there is no longer a door present which is needed to make it an official bedroom). The new owner can reinstate the Primary Bedroom by simply reinstalling the wall containing a door (see the 2nd level floor plan in the photos).
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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