4018 34TH ST
About This Property
This amazing contemporary home greets you with an open concept main level, hardwood floors and bright gourmet kitchen replete with custom cabinetry, stainless steel appliances and stone countertops. Also on this level is a home office [5th bedroom], full bath and laundry. Upstairs you'll find 3 guestrooms, a full bath and expansive primary ensuite with a massive walk-in closet. An impressive backyard and ample parking complete this wonderful home which is close to downtown Mount Rainier.
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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 Mount Rainier
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Currently no similar homes aroundNearby Rentals
$4,795 /mo
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$4,500 /mo
- 3 Beds
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- 2,156 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017