2601 3rd Avenue
About This Property
Step inside to discover original hardwood floors that flow throughout the spacious living areas, adding warmth and character to every room. The inviting living room features a handsome non-working brick fireplace-ideal for creating a cozy ambiance and a perfect focal point for gatherings.
The updated kitchen boasts sleek stainless steel appliances, providing both style and efficiency for all your culinary endeavors. A convenient powder room is located on the main level, perfect for guests.
Upstairs, you'll find three generous bedrooms and a full bathroom, highlighted by a designer tile surround and tub in the primary bath-bringing a touch of elegance to your daily routine.
Enjoy morning coffee or evening relaxation on the full front porch, or step out onto the rear deck for summer barbecues and entertaining. The large, fenced backyard offers ample space for gardening, play, or pets.
The full walkout basement includes laundry with washer and dryer, abundant storage, and potential for future expansion or customization. Additional upgrades include a modernized heating and cooling system for year-round comfort.
With its unbeatable location, timeless appeal, and thoughtful updates, this Richmond gem is ready to welcome you home. Don't miss your opportunity to own a piece of charm in a thriving community! Owner is agent.
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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