331 Forest Hills BOULEVARD
About This Property
Every corner radiates freshness, featuring newer windows and exterior doors that invite natural light throughout. The updated lighting fixtures enhance the ambiance, while the beautiful flooring - a tasteful mix of tile and luxury vinyl plank - provides both durability and style. Each bathroom has been transformed, now showcasing brand new fixtures.
The fully enclosed front porch and a sun-soaked Florida Room extend living spaces, making them perfect for relaxation or entertaining. Step outside to a fenced backyard, complete with a handy shed, offering extra storage or a workshop space. Welcome home to a residence where every detail is refined for your enjoyment.
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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