3307 RICHMOND AVE
About This Property
As you approach the front porch, envision morning coffees or evening chats with loved ones in this inviting outdoor space. Step through the front door into a cozy living room, awaiting your personal touches to transform it into a welcoming place. Natural light pours in through the windows.
Adjacent to the living room, a functional kitchen and dining room offers the opportunity to create culinary delights. With a bit of vision and creativity, this space could become the heart of the home, where delicious meals are prepared and shared with family and friends.
Down the hall, you'll find two bedrooms The shared bathroom awaits your personal touches.
Outside, a back porch extends the living space outdoors, perfect for enjoying the fresh air and sunshine. The expansive yard beckons for outdoor activities, gardening projects, or simply lounging.
A garage provides convenient storage space, ensuring that your belongings are sheltered from the elements.
Being sold as is, this home presents a blank canvas for your imagination to run wild. Whether you're looking to add modern amenities, update the decor, or embark on a full-scale renovation project, this property offers endless possibilities to create the home of your dreams.
Don't miss the opportunity to make this property your own and embark on a journey of transformation and personalization. With its prime location, ample space, and potential for customization, this home is ready to welcome you with open arms and endless opportunities. Sold AS IS!
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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