334 MATLO AVENUE
About This Property
Investor-ready or perfect for a savvy house hacker-this full duplex at 334 & 336 Matlo Ave provides two unique units on one lot in a quiet, charming Sebring neighborhood. The exterior is in excellent condition with great curb appeal and character, plus a low-maintenance rock yard, ample parking, a shared 2-car garage, and a spacious backyard.
334 Matlo is a 2 bed, 1 bath unit in solid condition with minimal updates needed-move-in ready or rentable with light touch-ups.
336 Matlo is a 2 bed, 2 bath unit requiring significant renovation, but it offers a flexible layout and strong upside potential.
Both units feature indoor laundry hookups, a fireplace, and private entrances. Live in one unit and rent the other, or add this to your rental portfolio with value-add potential on day one.
Properties like this in such a quiet, desirable area don't last long-schedule your showing and secure a strong-performing asset with long-term upside!
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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