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2806 AQUARIUS AVENUE
About This Property
The floor plan includes four spacious bedrooms, two full baths, a dedicated laundry room, and a cozy wood-burning fireplace. Major systems have been thoughtfully maintained, including an eight-year-old roof, newer HVAC (recently serviced), and a two-year-old hot water heater.
All just minutes from major commuting routes, shopping, dining, and entertainment - this is truly a wonderful place to call home. Being sold in As-Is condition.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017