2605 W Argyle Pl
About This Property
Upon entering the home you will be welcomed with exposed brick and a grand staircase. The updated kitchen has stainless appliances, stone countertops, and glass tile backsplash - wine fridge included. The main level bath features a clawfoot tub and marble vanity. The main level bedroom has a library ladder that leads to large and usable loft space as well as cellar access in the closet. Upstairs you will find two large bedrooms, a laundry area, and a remodeled four piece bathroom with the original clawfoot tub. The primary bedroom has a walk-in closet and vintage fireplace mantel. The backyard has a large patio with lighting that is perfect for entertaining. The patio opens up to a fully landscaped yard with a custom fire pit and a storage shed.
Come see this gem for yourself. A property with this character, lot size, and location rarely comes on the market.
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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