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27 HARVARD ROAD
About This Property
The fully finished basement serves as a private retreat, hosting a third bedroom and a spa-like full bathroom designed for ultimate relaxation. This lower level also includes a generous family room perfect for movie nights, a dedicated utility room, and an updated 200-amp electrical panel for modern power needs. Outside, the property provides excellent curb appeal with a one-car attached garage and a fully fenced-in backyard that offers a secure space for pets or outdoor gatherings. From the mechanical upgrades to the high-end interior finishes, every detail of this home has been polished to provide a turnkey living experience.
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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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About Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017