256 Evans Blvd
About This Property
Step inside to a bright and inviting living room featuring soaring ceilings and large windows that fill the open-concept space with natural light. The layout flows effortlessly into the eat-in kitchen and out to the brand-new deck, creating the perfect setting for outdoor dining or enjoying your morning coffee.
Upstairs, you'll find three comfortable bedrooms and two bathrooms, offering a practical and welcoming layout. The walkout unfinished basement provides versatile bonus space ideal for a home office, gym, playroom, or additional living area to fit any lifestyle. You'll also find the laundry area and ample storage for added convenience.
Enjoy added privacy in the fully fenced backyard, complete with designated space for entertaining, gardening, and even a dog run or chicken coop for your pets. Conveniently located near local parks, schools, shopping, dining, and all the charm Elizabeth is known for, this home offers the perfect blend of comfort, flexibility, and lifestyle.
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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