18 Hickory Place
About This Property
The primary suite serves as a private retreat, complete with vaulted ceilings, newer carpeting, a spacious walk-in closet, and a tastefully finished en-suite bathroom. Hardwood flooring adds warmth and sophistication throughout the main level. The finished lower level provides a generous family room with a cozy gas fireplace, an additional electric heating source, a convenient half bath, a laundry room, and access to the attached one-car garage, offering versatile space for relaxation, work, or hosting guests. Set on a desirable corner lot with excellent curb appeal, this home is conveniently located just minutes from major highways, shopping, hospitals, and medical facilities, ensuring easy access to daily necessities and commuting routes. This move-in-ready home combines style, comfort, and an exceptional location. Don't miss the opportunity to make it yours. More pictures and video to come.
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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