2941 HILLSIDE ROAD
About This Property
With 4 well-appointed bedrooms and 2 recently renovated full bathrooms, this home promises both privacy and functionality for everyone. Located walking distance to shops and nearby attractions including the Marple Gardens Park.
Enjoy the fenced in backyard perfect for relaxation, entertaining, or outdoor activities. Discover the partially finished basement that has endless opportunities for storage and extra living space. Other features include newer windows, *NEW central air conditioning*, recessed lighting, *NEW 200 amp electric.
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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