1955 WALNUT AVENUE
About This Property
On the second level you have all finished space with carpet and drywall. You need to add heat to make this room count as a legal bedroom. The lower level is finished and has a toilet and shower already installed. Plenty of space for a rec room and you still have ample storage space. This home is priced the same as some townhomes in the area!!! What a deal. Schedule you appt today! Easy to show. Roof installed in 2010.
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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%.
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