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2 Twin Circle Drive
About This Property
Inside, custom inset cabinetry, engineered hardwood floors, marble and natural stone finishes, designer lighting, solid brass hardware, and premium plumbing fixtures create a timeless aesthetic. The chef's kitchen showcases custom white oak cabinetry, a fully integrated Thermador appliance package with paneled refrigerator and dishwasher. Original architectural charm has been carefully preserved while introducing sophisticated updates throughout. Expansive front and rear patios, gas lanterns, and new landscaping enhance the home's curb appeal and outdoor living. This is a rare opportunity to own a thoughtfully restored home where no detail has been overlooked.
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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