3402 ROSELAWN AVE
About This Property
Totally remodeled home with 4 bedrooms, 3 full baths plus an office! 2200 square feet of living space in this beautiful home. The home was remodeled in 2017/2018 and included a full kitchen renovation with tons of cabinets, an island, granite countertops & stainless steel appliances and beautiful hardwoods throughout the main level. Off the kitchen there's a cute porch that leads to the fenced yard and new patio with a fire table - just in time for fall evenings. The renovation also included new HVAC, electric, roof, water heater and plumbing. The primary suite is on the upper level with its own walk-in closet and beautiful full bath. The basement is full finished with a large living area, bedroom, a full (adorable) bath, lots of closet space and a laundry room with front loading washer and dryer. New 3 car driveway was added in 2021. Basement was professionally waterproofed and comes with a transferrable warranty. This home is a gem!
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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