308 Moore Avenue
About This Property
The spacious primary suite provides a private retreat with a full bath, while the versatile den also includes its own full bath, offering great flexibility for guests, a home office, or extended living space. Gleaming hardwood floors flow throughout the first floor of the home, complemented by crown molding and recessed hi-hat lighting.
Additional highlights include two zones of heating for comfort and efficiency and ductless air conditioning. Sliding glass doors off the kitchen lead to a deck overlooking the fully fenced yard-perfect for outdoor dining, relaxation, and entertaining.
Situated on a desirable mid-block location, this move-in ready home offers style, and convenience.
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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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About Oceanside
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Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017