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2412 W MARLETTE Avenue
About This Property
One of the standout features is the expanded driveway and custom RV gate, providing additional parking and flexibility for recreational vehicles, trailers, or extra storage needs.
Inside, the updated bathroom adds a fresh, modern touch, while the home's inviting layout makes it easy to settle right in. Outside, the backyard has been enhanced with a grassy area, creating the perfect space for pets, play, gardening, or simply relaxing outdoors.
With its desirable neighborhood setting, no HOA restrictions, and thoughtful improvements, this home is a fantastic opportunity for buyers looking for both charm and convenience.
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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