248 Mill
About This Property
Enjoy the outdoors from the covered back patio, overlooking a fenced yard that's cross-fenced for added privacy and security. Additional perks include an attached 2-car garage, a carport, and ample driveway space. This home blends functionality and charm, offering the perfect setting in a quiet neighborhood that's still close to everything you need within easy reach. With a friendly neighborhood and prime location, this home is ideal!
It is the Buyer's responsibility to verify all information provided, including all measurements provided by third-party sources and any Amendments or updates to restrictions.
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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