2885 Zulette Avenue
About This Property
Perfect for entertaining, the spacious main floor features a large living room, formal dining room, an inviting eat-in kitchen, and an additional versatile room with a convenient half bath, ideal for use as a bedroom, office, or den. Downstairs, a full unfinished basement with high ceilings and a dedicated laundry room offers potential for expansion into a recreation area or guest suite.
The house also has 2 gas meters & 2 electric meters, likely having been converted from a 2 family to 1 family in the past (verify with Department of buildings).
Property being sold As-IS.
Contact immediately to schedule a private showing! Additional Information: HeatingFuel:Oil Above Ground,
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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