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3305 WHITE AVENUE
About This Property
The main level offers generous living space along with a large kitchen featuring abundant cabinetry, stainless steel appliances, ample counter space, and room to gather. A conveniently located full bathroom adds flexibility to the first floor. Upstairs, you'll find three bedrooms and another full bath, with the primary bedroom offering an adjoining sitting room that provides additional flexible space for a home office or sitting area. The upper level provides an additional fourth bedroom, while the finished lower level expands the home's usable living space and includes a half bath.
Outside, enjoy the front porch, rear deck, spacious backyard, detached garage, and off-street parking. With dual-zone cooling, practical updates, and plenty of space throughout, this home offers a combination of character, function, and flexibility that stands out.
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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%.
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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