1618 WOOLSON ROAD
About This Property
SELLER IS ADDING CENTRAL AIR CONDITIONING -To Be Installed Soon!
This Ranch style home with 2 bedrooms has been upgraded including All New Kitchen cabinetry, Brand New 4 piece Stainless Steel Appliances, glass tile backsplash and granite countertops! The full bath has been updated with all new bath appliances, fixtures, updated lighting, custom tile, new mirror, sink & vanity! The crown molding and shadow box wood trim in the living room- A Touch of Class! NEW ROOF, NEW WINDOWS,NEW HOT WATER, New Electric Baseboard Heat, Newly Re Finished Hardwood floors, Bonus Living Space off the kitchen with new flooring, New Interior Doors & Trim, Updated lighting throughout, New tile flooring in the kitchen, Fresh paint throughout New front door, large backyard with covered back porch- great for entertaining! Too many upgrades to mention...
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017