2944 SELMA Street
About This Property
This home features three cozy bedrooms and one bathroom, offering a warm and inviting atmosphere. Although the kitchen and baths are ready for remodeling to suit your personal taste and style, the home has been thoughtfully updated where it counts. Two new HVAC systems have been installed, ensuring efficient and comfortable climate control throughout the seasons. These upgrades, along with new windows throughout the home, enhance its historic beauty while providing energy efficiency and ample natural light. The home's exterior is just as impressive, featuring a beautiful porch that serves as the perfect spot for sipping your morning coffee while taking in the serene neighborhood views.
Step into the backyard oasis and find yourself surrounded by the enchanting space also houses a quaint he/she shed, providing a versatile area for hobbies, storage, or a peaceful getaway.
Living in the Riverside Avondale Historic District brings the best of both worlds, combining the tranquility of historic neighborhoods with the convenience of urban living. Enjoy easy access to local amenities, acclaimed restaurants, historic landmarks, and beautiful parks, all contributing to the rich tapestry of life in this vibrant community.
This home not only offers a piece of Riverside's history but also a chance to partake in a lifestyle filled with culture, convenience, and community. Don't miss out on the opportunity to own a piece of this historic district, where every detail has been carefully preserved for your comfort and enjoyment.
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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