1666 MUSSULA
About This Property
The main level showcases hardwood floors in the living room, crown molding, ceiling fan, and a functional, light-filled layout. The kitchen offers vinyl flooring, marble countertops, gas range, pantry storage, and refrigerator. A sunroom addition provides extra living space and includes a gas fireplace-perfect for relaxing or entertaining.
Upstairs you'll find two spacious bedrooms with hardwood floors, ceiling fans, and generous closet space with shelving, along with a full hall bathroom featuring a tub/shower combination.
The finished basement adds valuable flex space and includes vinyl flooring, a half bath, laundry area, wash sink, sump pump, and closet storage. Gas HVAC with central air is serviced annually, and the gas water heater is approximately 5–6 years old.
Outdoor features include a covered rear porch, fenced yard, shed, rear parking pad accessed via alleyway, and additional on-street parking. Conveniently located close to shopping, dining, and commuter routes, this home offers comfort, character, and a prime Towson location.
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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