4 Martin Road
About This Property
This 5-bedroom home offers exceptional flexibility with multiple first-floor living spaces including a gracious living room with fireplace, built-ins, adjoining study, and bar area with direct access to the terrace. The inviting family room with built-ins opens seamlessly to the stunning new JWH kitchen, thoughtfully designed with both style and functionality in mind. Additional spaces include a flexible office/playroom, mudroom, oversized recreation room and new JWH baths.
Filled with natural light throughout, the home also features a sumptuous primary suite with space for a sitting area or private retreat. A rare offering not to be missed.
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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