2323 Mapleton Ave
About This Property
This historic and hip bungalow is clean, updated and move-in ready. The great room's cozy gas fireplace - w/ open dining, cooking and living - make both entertaining and quarantine a delight. Relax in your private, main floor owner's suite, with 3/4 ensuite bath and walk in closet. Upstairs is a private retreat with historic charm, while the converted back porch offers even more indoor space. Off street reserved parking sweetens the deal. Tall ceilings, recently refinished wood floors and trim, and historic details add to the charm. Come be wowed by how easy life can be!
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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