2605 Olive St
About This Property
Step inside to discover a home that's been thoughtfully refreshed, featuring new windows that flood the interior with natural light. Recent updates include new windows, HVAC, and appliances. You'll love the convenience of central AC, a detached two-car garage for parking or storage, and the ease of the stackable washer and dryer. Outside, the backyard beckons with its expansive size and privacy, offering ample space for outdoor activities and entertainment. And when you're ready for some fun, the nearby town center awaits, brimming with an array of restaurants and shops just a stone's throw away.
Don't miss the chance to make this inviting home yours, where modern updates and a prime location come together to create the ideal living experience. Come and see all that 2605 Olive Street has to offer!
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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