39
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347 Broadway
About This Property
This Home Features 4 Bedrooms, 4 Full Bathrooms, Central Air And Gas Heating, Along With A Spacious And Inviting Layout Ideal For Both Everyday Living And Entertaining. The Large Eat-In Kitchen Provides Ample Space For Gatherings And Meals, While The Generously Sized Primary Bedroom Offers A Private En-Suite Bath And A 2 Large Closets With Storage Galore. A Full Finished Basement Adds Valuable Additional Space, Perfect For Recreation, A Home Office, Or Extended Living Needs. The Exterior Is Just As Impressive With Pavers Throughout The Driveway And Backyard, Creating A Clean, Low Maintenance, And Visually Appealing Outdoor Space. Conveniently Located Near Shopping, Dining, Parkways, And The LIRR, This Move-In Ready Home Offers Both Comfort And Accessibility.
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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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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017