2197 Pine Street
About This Property
The updated kitchen, complete with granite counters, new backsplash, and stainless steel appliances, is a cook's dream. Gleaming hardwood floors throughout the house add a touch of elegance, while the wood-burning fireplace create an ambiance of comfort and warmth.
The home also features an expansive primary bedroom with a full bathroom and a generous walk-in closet. A formal dining room and a fully finished basement with a laundry area and abundant storage space round out the interior features.
Step outside to a picture-perfect backyard, ideal for relaxation or outdoor entertaining. The property also includes a detached 1.5 car garage and ductless air conditioning which also gives out heat in the winter for your convenience.
Located on a sidewalk-lined street, this home is part of a vibrant community with natural gas heating and a sewer system. With a tax bill of $12,769.42, this property offers both luxury and value in a welcoming neighborhood setting. only a 5 minute Drive to Jones beach, and a minute to the LIRR, parks and Restaurants and shops. This home is within the Seaford School district.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017