3101 Victor St
About This Property
As you enter, you'll be greeted by a bright and airy living room adorned with light wood-style flooring and recessed lighting, creating a warm ambiance. The kitchen features stainless steel appliances, white cabinetry, and light stone countertops, all illuminated by recessed lighting. The open floor plan seamlessly connects the kitchen to the living area, perfect for entertaining or family gatherings. Each of the bedrooms is designed with comfort in mind, showcasing ample natural light and convenient closet space.
Step outside to discover a fenced backyard that offers a private retreat for outdoor activities or relaxation. The patio area is perfect for summer barbecues or simply enjoying the Colorado sunshine. Located in Morris Heights, you'll have easy access to local parks, schools, and shopping, making this home not just a place to live, but a community to thrive in.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017