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206 SHAW AVENUE
About This Property
The main level offers FOUR generously sized bedrooms and THREE beautifully updated FULL bathrooms. The expansive lower level includes TWO additional bedrooms, a FULL bath, a kitchenette/wet bar, an enormous REC ROOM, and a versatile bonus room ideal for a home gym, office, or media space. With its private SIDE ENTRANCE, the lower level is perfectly suited for an IN-LAW SUITE, guest quarters, or potential RENTAL opportunity.
Step outside to your private backyard RETREAT on a one-acre lot, featuring a fully fenced yard, a newly refinished IN-GROUND POOL, an oversized shed, and an expansive paved area with endless possibilities - ideal for additional vehicle parking, a basketball court, pickleball or tennis court.
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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 Colesville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017