33
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370 Washington Avenue
About This Property
The full finished basement is perfect for entertaining or relaxing, complete with a built-in bar and endless possibilities for additional living space. A breezeway conveniently connects the home to the attached 2-car garage with remote garage door opener.
Set on an oversized .53-acre lot, the property offers a fully fenced backyard oasis with an in-ground pool, ideal for summer enjoyment. Additional features include central air conditioning, in-ground sprinklers in both the front and back yards, and low-maintenance vinyl siding. This exceptional home combines comfort, functionality, and outdoor living all in one incredible package.
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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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About East Patchogue
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017