301 REDWOOD AVENUE
About This Property
Enjoy peace of mind with a brand-new roof and gutters, new HVAC system, brand-new kitchen appliances, and all-new flooring. The thoughtfully redesigned kitchen offers a fresh, modern feel perfect for everyday living and entertaining.
Situated on a spacious corner lot, the property features an attached carport and additional shed for storage, providing both convenience and functionality. With everything done for you, this home is ready for its next chapter - just move in and enjoy!
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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