3410 PINKNEY ROAD
About This Property
Upstairs offers 4 bedrooms, 2 full bathrooms, and a convenient laundry room. The primary suite includes a walk-in closet and en-suite bath with a double vanity, while the additional full bathroom also features a double vanity.
The finished basement includes a rec room, 2 bedrooms with egress windows, a full bathroom, office, abundant storage, and a walk-up exit to the backyard.
Major updates include a new roof, siding, plumbing, electric, dual HVAC system, 75 gal water heater, foam insulation, kitchen, bathrooms, flooring, lighting, etc...
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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