2108 W 54th Ave
About This Property
The main floor primary suite checks every box- a custom walk-in closet, double sinks, and a walk-in shower. Two additional bedrooms and a full bath round out the main level, giving everyone their own space without compromise.
Downstairs, the finished basement opens up a world of options. A sprawling family room, dedicated TV space, workout area, playroom- use it however your life demands. Two additional bedrooms, a full bath, and in-home laundry. The backyard is truly something special- a stunning water feature creates an immediate sense of calm, while the fully equipped outdoor kitchen with a gas grill, cooktop, and refrigerator makes it an incredible space for entertaining. Come take a look!
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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