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4018 3rd Street W
About This Property
Welcome home to this stunning, never-lived-in 3-bedroom, 2-bath residence on a spacious quarter-acre corner lot. With 1,569 sq ft under air, this thoughtfully designed home has an open, functional layout filled with natural light. The kitchen is the heart of the home, with quartz countertops, a large center island, and top-of-the-line stainless steel appliances. It's ideal for everyday cooking and entertaining. Full hurricane impact windows bring peace of mind and energy efficiency, and the home also includes a 2-car garage. Every detail is immaculate and move-in ready, and builder warranties add extra confidence to your purchase. Don't miss the chance to own a brand-new home in a prime corner location.
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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