3580 Locust St
About This Property
Step outside to your private backyard retreat-an entertainer's dream-featuring a custom flagstone patio, built-in BBQ station, and plenty of room for gatherings with family and friends. Green thumbs will fall in love with the incredible garden area, offering the perfect space to cultivate flowers, vegetables, or your favorite outdoor hobbies. Car enthusiasts and hobbyists will be thrilled with the oversized 3-car garage (20x30), providing ample room for vehicles, storage, or a dream workshop. Whether you're looking for a peaceful place to call home or a vibrant community setting close to parks, shops, dining, and top schools, this North Park Hill gem delivers it all. Don't miss the chance to make this unique property yours!
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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