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Map
1954 Thomas Street
About This Property
This 2-bed, 2-bath home offers solid bones and a spacious layout, ready for your personal touch. In the backyard, you'll find a detached 1-bedroom, 1-bathroom guest house, perfect for extended family, a private home office, or rental income. Whether you're looking to renovate and flip, create your forever home, or add to your rental portfolio, this property is bursting with potential.
All information recorded in the MLS is intended to be accurate but cannot be guaranteed, buyer advised to verify. Sold As-Is.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017