2986 NW 33rd Avenue
About This Property
The property prioritizes efficiency with a metal roof, impact windows, and tankless water heater. Unwind in the spacious living areas, designed for both relaxation and entertaining.
Enjoy the large back porch for bbq's and family gatherings. The meticulous craftsmanship and attention to detail are evident throughout, making this residence an inviting and comfortable home.
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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