357 Kirkman Avenue
About This Property
The full finished basement with laundry and outside entrance adds valuable additional square footage, providing options for recreation, workspace, storage, or extended use. Outdoors, the generous fenced yard with deck creates an inviting setting for enjoying fresh air and outdoor activities. A private driveway and 7 zone sprinkler system adds everyday convenience.
Ideally located near transportation, shopping, dining, and local amenities, this property presents a great opportunity to create a home that reflects your vision and needs.
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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