24 POLAND ST
About This Property
Upon entering, you'll be greeted by a remodeled living room that floods with natural light. Beyond the living room is the remodeled kitchen, which serves as the heart of the home. Outfitted with sleek quartz countertops, a center island with room for two stools, and enough space to make it an eat-in kitchen, it's the perfect backdrop for daily life and special gatherings.
The home is equipped with thoughtful updates to enhance your living experience, including two new ductless splits for efficient year-round temperature control. The electrical system has been upgraded for your safety and convenience, while a newer oil tank guarantees the traditional radiator heating system provides warmth and ambiance during colder months. The interior features new high-quality waterproof vinyl flooring throughout, backed by a lifetime warranty, demonstrating a commitment to durability.
Outside, the charm continues with an oversized 2-car detached garage, offering ample storage or workshop space. The spacious backyard invites outdoor enjoyment and entertainment possibilities or simply a tranquil retreat from the hustle and bustle.
Located in a serene neighborhood, this home is close to essential shopping, and tempting restaurants, and only 10 miles from West Trenton Airport, benefiting from both its peaceful setting and convenient location. It's also near the College of New Jersey, enhancing its appeal to members of the academic community seeking proximity to campus. With lower taxes further sweetening the deal, 24 Poland Street represents an outstanding opportunity for anyone looking to embrace the advantages of ranch-style living in a desirable locale.
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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