2740 6th Avenue SE
About This Property
This property is fully enclosed by a brand-new 6-foot-tall fence, providing security and an expansive fenced-in backyard ideal for pets, recreation, or homesteading. Enjoy the outdoors with private trails, a designated shooting range, and a spacious back deck, perfect for entertaining or relaxing in nature.
Inside, the home features a freshly painted interior and several recent updates, including a brand-new hot water tank, dishwasher, and stove. The open-concept layout ensures seamless flow between the living, dining, and kitchen areas, creating a bright and inviting atmosphere.
Whether you're looking for a peaceful retreat or a versatile property with room to roam, this home offers endless possibilities!
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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