3079 Coddington Avenue
About This Property
This home offers a stand-up attic space that extends from the front to the rear of the house. Perfect lighting all throughout the house making it a well-lit home throughout the day.
Plumbing conveniently set up in the basement for wash and dryer, this huge basement also extends from the front to the end of the house with a lot of crawl space for storage. Enjoy the beautiful and quiet neighborhood with welcoming neighbors. This home is located close to schools, public transportation, and Pelham Bay Park the largest public park in NYC. Call us today for a showing! Will not last in this hot market! Additional Information: ParkingFeatures:1 Car Detached,
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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