3041 Russell Avenue
About This Property
Step inside to find an open floor plan that caters to modern living. The living area, complete with neutral tones and new luxury plank vinyl flooring. Adjacent is a well-appointed kitchen featuring new cabinetry, contemporary countertops, new electric range and an efficient layout ideal for any culinary enthusiast.
The bedrooms have new carpet, nice size closets and ceiling fans. The bathrooms have new tile showers, new vanity, smart mirrors and toilets.
The home has new plumbing, fresh paint inside and out. The foundation has been repaired and a new roof was just installed.
The exterior of this remarkable property offers notable features such as a few mature trees that provide shade and character to the yard. The standout feature is the large storage building, perfect for those needing extra space for tools and hobbies, or the potential to convert for additional uses. The corner lot enhances the property's curb appeal and offers additional space for parking or future landscaping opportunities.
Situated in the welcoming community of Abilene, this home not only provides a comfortable living environment but also places you within easy reach of local amenities, shopping, and dining options. This residence is ready to meet the needs of its next owner and offers abundant potential to personalize and make it your own. Experience the perfect balance of serene living and accessibility in this charming Abilene property today.
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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