20 Park Avenue
About This Property
waterfront? Look no further! This home sits on a nice quiet street, minutes to 84 or the waterfront. Making this an ideal spot for commuters. Be greeted in this home with fine craftsmanship woodwork. The first floor features an eat-in kitchen, full-size dining
room, and living room. Wide arched entrances to give you a nice open feeling. The second floor features hardwood floors underneath the carpet, 3 spacious bedrooms, and attic access for all your storage needs. The basement is partially finished and would make a great man cave, or perhaps a play area for children. You will find a 2013 furnace and hot water heater. There are hook-ups for a washer and dryer. A nice level backyard can accommodate Spring and Summer entertaining. Bring your imagination and make it your private oasis. There is possible 100% financing through a preferred lender.
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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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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017