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4010 FOREST GROVE
About This Property
Inside, the main level features an open living and dining area with great natural light and updated LED lighting throughout. The kitchen offers expanded counter space, brand-new appliances, and a practical layout that works well for both daily living and hosting friends and family. Just off the kitchen, the enclosed side porch has been converted into a convenient laundry room.
Two bedrooms and an updated full bath are located on the main level, while a spacious family room addition provides extra living space that can easily fit a playroom, office, or second sitting area.
Upstairs, you'll find an additional bedroom and full bath - perfect for guests, a quiet workspace, or added privacy.
Major updates include new windows, a new furnace, and a new water heater. The unfinished basement has a separate entrance, plenty of storage space, and room for future possibilities.
If you've been searching for a home with outdoor space, off-street parking, and updates already done - all in a convenient location - this Morningside home is worth a look.
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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 Forestville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017