2900 FLORIDA AVENUE
About This Property
Step inside to discover stunning hardwood floors that flow throughout the main and upper levels, creating a warm and inviting atmosphere. The modern kitchen is a true showstopper, featuring stainless steel appliances, quartz countertops, and contemporary finishes that make both everyday living and entertaining a pleasure. The main level also includes a convenient bedroom and an inviting dining area with an adjoining sitting room-perfect for curling up with a book, enjoying morning coffee, or unwinding at the end of the day.
The upper level offers two generously sized bedrooms and a beautifully appointed full bath, providing comfortable and private living spaces. Downstairs, the finished lower level showcases luxury vinyl plank flooring and a spacious family room ideal for movie nights or gatherings. This level also includes an additional bedroom and a second full bath, making it perfect for guests, a home office, or extended living needs.
Outside, the mature backyard provides privacy and tranquility, creating a peaceful retreat just steps from the home. With its extensive renovations, flexible layout, and inviting indoor and outdoor spaces, this move-in-ready home is truly one you won't want to miss.
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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