25 Louis Court
About This Property
out the first level. Sliding glass doors lead from the kitchen to a beautifully landscaped and private backyard with a two-tiered stone patio. Upstairs you will find a spacious master bedroom with vaulted ceilings, spa-like ensuite, and walk-in closet, as well as two additional large bedrooms, a laundry room, and a full bathroom. Ample closet space throughout. Pull-down attic and garage offer more storage. Additional features include solar panels (leased), irrigation system, alarm system, and a full one-year whole-home warranty. Taxes do not include STAR rebate of $2,061. Additional Information: Amenities:Storage,ParkingFeatures:1 Car Attached,
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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