249 Union Street
About This Property
The home's long list of improvements include an updated HVAC system, new flooring, a sleek, modern kitchen with new appliances, and new lighting throughout. Relax on the covered front porch and say hello to your neighbors, or retreat to the private, beautifully landscaped backyard. A back deck and a spacious garden shed-currently outfitted for intimate dinner parties-create a perfect setting for entertaining.
With a strong short-term rental history and the option to be sold furnished, Poppy Craft House is ready to be your full-time residence, weekend retreat, or investment property. Plus, with Hudson's renowned restaurants, shops, and cultural spots just steps away, the best of the city is at your doorstep.
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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