1840 SHADOWLAWN Street
About This Property
This stunning Historic Home in the Heart of Avondale was entirely updated to include new wiring and a new roof. Located on a huge fully fenced lot & walking distance to the shoppes of Avondale. The first floor features a sunroom/office, sitting room off of the kitchen & breakfast nook, family room with a full bath attached & a beautiful wood paneled bar. Second floor features 2 bedrooms with a jack and jill bath. The large primary suite on the second floor has a huge walk in closet and a fabulous bathroom with treetop views. 1 car garage located on the back of the property.
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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%.
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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