3664 5TH AVENUE
About This Property
First-floor bedroom or office and a full bath, Gorgeous kitchen with granite counters, stainless steel appliances, breakfast bar & dining nook, formal dining room with deck access, great room with fireplace. ✨ Upper Level: Enormous owner's suite with private bath, Separate laundry room that could convert to a 3rd full bath, ✨ Lower Level: Finished with extra flex room/office (perfect for work, gaming, or hobbies), recreation room for entertaining, storage & utility space! ✨ Outdoor Living: Good-sized fenced backyard! Take your golf cart a few blocks to the community clubhouse, beach, basketball court, and playground. This home combines comfortable living with an active Bay lifestyle-plenty of room inside, a great yard outside, and amazing community amenities just around the corner!
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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