215 90TH Street
About This Property
The second floor offers bamboo flooring throughout. The primary bedroom has a built-in sliding wardrobe and a spa-like windowed en-suite bath finished in natural stone with a soaking tub. A second windowed full bath is accessible from the main hallway. The second bedroom boasts charming arched windows, with a staircase leading to a sunny third-level loft with skylights, ideal as a guest room, home office, or playroom. The fully finished windowed lower level, is perfect for a media room or exercise room, with a separate entrance, and includes a full bathroom, and laundry area with washer/dryer. The shared driveway leads to a private garage with an EV charger. In addition, there is additional space to accommodate 1-2 vehicles in the back of the home and still enjoy a backyard, perfect for a grill. Located in sought-after Fort Hamilton/Bay Ridge, you'll enjoy proximity to Shore Road parks, convenient transportation, and vibrant neighborhood dining. This thoughtfully designed home is move-in ready and waiting for you!
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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