1760 W 74th Way
About This Property
One of the highlights of this home is the dedicated hot tub room-a peaceful retreat where you can unwind and relax, no matter the season. Downstairs, the finished basement adds valuable living space with a comfortable bedroom, full bathroom, and a cozy living room-ideal for guests, extended family, or a private home office setup.
The oversized three-car garage provides ample room for vehicles, tools, toys, and extra storage, making it a dream for anyone who needs a little more space. Conveniently located near local parks, shopping, and commuter routes, this home is a solid option for anyone looking to settle into a comfortable, functional space in an established neighborhood.
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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