20 PROMENADE PLACE
About This Property
Down the hall, find a private office (easily convertible to a bedroom), a full bathroom with a beautifully tiled stall shower, and a stylish laundry room outfitted with custom cabinetry and mudroom potential. Conveniently located nearby is the entrance to a large, unfinished basement offering endless opportunities for customization. Ascend the sunlit staircase to a versatile loft space overlooking the family room - perfect for a playroom, additional lounge, or creative nook. The spacious primary suite is a true retreat, boasting two custom built-in closet systems and a breathtaking en-suite bathroom with high-end finishes. Beyond the loft, you'll find three additional generously sized bedrooms, a shared full bathroom featuring double vanities, a custom linen closet, and a tub-shower combo. This is a rare opportunity to live in the private, highly sought-after Estates at Main - blending modern elegance, comfort, and functionality, and dual zone. Don't miss your chance to call this luxurious property home!
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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