277 5th Avenue
About This Property
Welcome to this beautifully updated three-bedroom, one-bath ranch perfectly situated in a desirable Saint James neighborhood. This move-in ready home features a bright, open layout with modern finishes throughout. The updated kitchen offers sleek countertops, stainless steel appliances, and ample cabinet space, flowing seamlessly into a spacious living and dining area-ideal for everyday living and entertaining.
Each of the three bedrooms provides comfort and plenty of natural light, while the stylishly renovated bathroom adds a touch of contemporary elegance. Step outside to a private, fully fenced backyard with a large patio-perfect for relaxing, gardening, or hosting gatherings.
Located just minutes from shopping, restaurants, parks, and beaches, this home combines convenience with suburban tranquility. Don't miss the opportunity to own this wonderful Saint James gem!
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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 St. James
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017