40 MACARIS Street
About This Property
Roof: 2010
Washer and dryer: 2018
Shed 1: 17X16
Shed 2: 7X6
Deck 1: 15X10.6
Deck 2: 17X12.6
Fullerwood Park Neighborhood has sidewalks to leisurely stroll in this lovely sought after north of city area. Vilano beach is a short 2 mile distance by car or bicycle. The historic district is 1.5 miles from the home. The house can be used as a short term rental. Minimum is 7 days.
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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