33
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3153 ERNEST Street
About This Property
Additional improvements include a newer water heater, replaced fascia, and an active termite bond. For added peace of mind, the home includes a transferable Old Republic Home Protection Gold Coverage home warranty.
Located in the desirable Murray Hill area, this home offers convenient access to parks, shopping, dining, and major commuter routes. Schedule your showing today and see all this property has to offer.
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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