2827 Crestview Avenue
About This Property
2827 Crestview Ave is a cozy multi-level ranch with a spacious fenced in backyard, garden and outdoor patio. The home has newly installed dark hardwood floors, grey/white walls and a bay window in the living room - giving it a modern and airy feel. It also has 2 white brick fireplaces for the chillier months and central air throughout. There are 2 bedrooms are on the main floor, with an updated full bath, in addition to a spacious family room on the lower level, also with recently renovated full bath. The lower family room is bright, with a picture window, and a door that opens out to the garden and patio. The kitchen has white cabinetry with a ''serve through'' to an intimate breakfast nook overlooking the yard
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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