2035 NE 6th TERRACE
About This Property
One of the highlights of this home is the abundance of flex space and storage it offers.
The possibilities continue with a versatile generational living space that can serve as an in-law suite, guest quarters, or even a rental opportunity. With a separate entrance, bedroom, bathroom, and living area, this space provides both privacy and togetherness, catering to multi-generational living arrangements.
The home boasts a new roof, updated electrical and plumbing systems, ensuring peace of mind and minimizing maintenance concerns. This property is truly open for the imagination, allowing you to customize and design your living spaces to suit your individual needs and preferences.
Stepping outside, you'll discover a tranquil backyard oasis, perfect for unwinding after a long day or hosting outdoor gatherings. The possibilities are endless, whether you're a gardening enthusiast, envisioning a play area, or simply seeking a serene space to relax.
With its prime location near public transportation options, grocery stores, and shopping centers, you'll relish the convenience of easy commuting and running errands. The vibrant neighborhood offers a sense of community and safety, making it an ideal place to call home.
Don't miss out on this remarkable 3-bedroom, 2-bathroom home that offers so much more than meets the eye. Contact us today to schedule a showing and explore the boundless potential that this property holds. Opportunities like this are rare, so act swiftly to secure your dream home that's tailored to your lifestyle!
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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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About Debra Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017