2137 CADMAN STREET
About This Property
Where else can you get a home with a finished basement and a wet bar under 500k? The Imperial is a spacious open-concept 2 - story home. The kitchen has a large island with room for seating, ample countertop space. The kitchen has SS appliances with 42" white cabinet uppers with granite throughout the house. As you go downstairs you are greeted by finished basement recreation room, perfect for the weekend Netflix binge. The basement also showcases a full bath and 1 bedroom with a wet bar. Upstairs, The Owner's suite has a large walk-in closet with ample shelving and a 5pc bath. The master has a ceiling fan with vaulted ceilings. From the back of the home enjoy the beautiful view of the rocky mountains.
Information is deemed reliable, but is not guaranteed and should be independently verified. Buyer or Buyer's Agent to verify measurements, schools, tax, etc.
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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