3064 6th Avenue
About This Property
The open layout between the kitchen, dining, and living areas creates a comfortable flow for everyday living and entertaining. The kitchen was completely remodeled with new cabinetry, granite countertops, appliances, and vinyl flooring.
Step outside to a fully fenced backyard situated on a .06-acre lot. An above ground pool and patio area provide a great space for summer entertaining.
Additional updates include an approximately 8 year old roof, 3 year old furnace, and a newer water heater, giving buyers the benefit of several major improvements already being addressed.
Located in the Troy City School District and close to everything Troy has to offer, this home provides plenty of space to make your own. Schedule your showing 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