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274 LAFAYETTE Avenue
About This Property
The journey begins in the grand dining room, adorned with a stunning chandelier, a timeless decorative fireplace mantel, and gleaming hardwood floors. Through elegant pocket doors, the updated kitchen offers culinary excellence with a spacious marble-topped island, custom pantry, and a full suite of stainless steel appliances. Step out onto the expansive private deck, a perfect venue for al fresco gatherings.
Ascend to the upper floors to find four luminous bedrooms, highlighted by oversized windows, generous closets, and ample natural light. A shared walk-in closet and two modernized full baths add convenience and luxury.
The garden level presents an expansive living area with a second decorative fireplace, a cozy den with abundant closet space, a full refreshed bathroom, direct access to the backyard, and access to the basement level in unit washer and dryer.
Situated just minutes from Fort Greene Park and its vibrant amenities, this stunning home provides seamless access to Manhattan via nearby subway stations, including Clinton-Washington, Lafayette Avenue, and Atlantic Terminal.
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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