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2522 Wolff St
About This Property
Entering the home, you're greeted by a lovely office space, perfect for working from home. The expansive kitchen opens up to a large living room featuring stunning windows (lots of natural light) and a cozy fireplace. The home also features a mudroom and a hall bath-great for entertaining guests.
Upstairs, you'll discover a luxurious primary bedroom with private deck, large primary bath with walk-in closet and a second walk-in closet, plus three secondary bedrooms and a full bathroom as well as a second laundry option (full laundry room in the basement).
This home's location is ideal for enjoying the great outdoors, including the lake, walking paths, playground, and tennis courts. You're walking distance to Tennyson Street, 32nd and Lowell and Edgewater. Don't miss the opportunity to own this charming home located on a triple lot in a fantastic location. Schedule a showing today!
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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