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4 RIVER Place
About This Property
This beautiful 4 bedroom, 3 bath home opens up to a bright and open floor plan. Beautiful tile, LVP and wood looking floors throughout the home's interior. (no carpet) The separate den is an ideal work from home or a great flex room. The Family room, breakfast area and kitchen all feature views of the private white vinyl fenced in backyard. The kitchen has upgraded stainless steel appliances, as well as granite counters with an elegant backsplash. Huge walk-in closet in the master suite as well as a walk-in shower with a separate garden tub and double vanity. Backyard has plenty of room to put in an inground pool. New roof installed on 3/28/2024 !!
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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