19389 W 53rd Loop
About This Property
Upstairs, three large bedrooms (including a Primary Suite) each come with their own attached bathrooms, complemented by a versatile loft perfect for a workspace, library or lounge area. The fully finished basement is a haven of self care, featuring a walk-in steam shower, a large bedroom, and an elite-level gym with 360 mirrored walls. Outside, the home's exterior is equally impressive, with a new irrigation system and landscaped yard completed in 2023, a brand new concrete driveway, and new garage doors (October 2024). The beautifully designed outdoor space includes decorative edging, paver pathways and elevated gardens, all set against the backdrop of the tranquil open space, making this property a nature lover's dream.
You have to tour this property to feel how exquisite it is. See virtual tour here: https://iframe.videodelivery.net/084e25973e90b170ec4c9d4e6f2297f4
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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