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338 Thieriot Avenue
About This Property
Welcome to 338 Thieriot Avenue!
A fully detached single family with private parking that provides the perfect mother/daughter opportunity!
Perfect opportunity for buyers looking for space, plus income generating rental property to assist with mortgage payments.
The owners unit features a sun drenched, open concept living/dining area which provides great space for entertaining. The chefs granite kitchen is equipped with floor to ceiling cabinetry and adorned with a full fleet of stainless steel appliances. 3 spacious bedrooms, each equipped with ample closet space. The primary bedroom is equipped with a private en suite. Down the hall a fully tiled bathroom is shared between the additional bedrooms.
The high ceiling full finished above ground walk in, is equally renovated. This space can be used as the perfect in-law suite, ADU, guest quarters or additional recreational space.
338 Thieriot Avenue is conveniently located with close proximity to major transportation which makes commuting a breeze. Just off Lacombe Avenue, Patterson Avenue, Soundview Avenue. Short blocks to schools, shopping centers, restaurants, parks.
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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