2155 Steele St
About This Property
With four bedrooms, two bathrooms, and a beautifully finished basement, there is plenty of room to spread out, gather, work, or relax. The flexible lower level provides additional living space ideal for a media room, playroom, fitness area, home office, or guest retreat. The backyard is truly something special. Designed for both relaxation and recreation, this private outdoor oasis features lush lawn, a dedicated turf play area, fenced garden area, dog run, pergola, and a newer storage shed.
Additional highlights include a newer roof (2022), radon mitigation system, reverse osmosis water filtration system under kitchen sink, and the garage is temperature controlled (mini split) unit as it's currently used as a gym space.
Ideally located near parks, trails, shopping, dining, and everyday conveniences, this exceptional home offers the rare combination of thoughtful updates, pride of ownership, and an outdoor space that truly sets it apart.
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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