1805 Bussing Avenue
About This Property
Step inside to find a bright and airy layout, complemented by ample natural light. The home boasts an extra storage room, providing additional flexibility for organization or workspace needs. The full basement with a separate entrance offers endless possibilities, whether as a recreation area, guest suite, or potential rental opportunity.
Outside, enjoy the convenience of a separate garage and a 4-car driveway, ensuring ample parking for residents and visitors alike. Located in a sought-after area, this home is just minutes from Van Cortlandt Park, the Bronx Zoo, and the New York Botanical Garden, offering plenty of green space and outdoor activities. Commuters will appreciate easy access to public transportation, major highways, and express buses to Manhattan.
With its spacious layout and prime location, this home presents an incredible opportunity for those looking to settle in a thriving Bronx community.
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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