203 PEMBRIDGE DRIVE
About This Property
The kitchen is both functional and stylish, featuring stainless steel appliances-including a new refrigerator and dishwasher (2023)-along with generous counter space for meal prep. A top-of-the-line washer and dryer, also new in 2023, enhance everyday convenience.
The finished lower level offers flexible space that can serve as a home office, recreation area, or guest suite. Outside, a spacious patio overlooks a colorful flower garden-an inviting spot for outdoor dining, relaxing, or entertaining.
Set in a well-established neighborhood with excellent commuter access, this home blends comfort, updates, and versatility in a convenient location.
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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