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3303 AVE R
About This Property
One of the home's standout features is its working fireplace, bringing both warmth and character to the living area and creating a cozy spot for gatherings on cooler days. The walk-in basement entrance adds another layer of convenience, offering direct access to a flexible space that can serve a variety of needs.
Outdoor living is just as enjoyable, with a welcoming front porch and a private deck ideal for entertaining, dining, or relaxing. For added convenience, the property sits on an 18.5 ft x 34 ft lot and includes a community driveway with a private 1-car parking spot, along with two outdoor sheds that provide excellent storage solutions.
Set in a prime Brooklyn location, this home is just about one block from Marine Park. Close to stores, transportation, schools, churches, and just a short walk to synagogues, this home is right for just about everyone. With its blend of modern amenities, thoughtful updates, and unbeatable location, 3303 Avenue R is a wonderful opportunity for families or anyone seeking a home with both charm and comfort.
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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