2663 4th Avenue SE
About This Property
Introducing a captivating contemporary home built in 2018. This stunning property features a spacious open-concept floor plan with recessed lighting, ceiling fans, 8ft doors, wood grain floor tile, and crown molding. The kitchen showcases high-end finishes including real wood cabinets, stainless steel appliances, quartz countertops, and a central island for seamless cooking and entertaining. The owners suite offers two walk-in closets and a beautifully designed ensuite shower. Additional bedrooms provide ample space and storage. Outside, the property stands on 2.27 acres and features a two-car garage, a driveway paved with grey stones, new landscaping, and a grass irrigation system. Ideal for those seeking a spacious and modern home for living or investment purposes.
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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