403 RUSSELL RD
About This Property
As you step inside, you'll be greeted by an open floor plan that creates a sense of openness and warmth. The interior is bathed in natural light, thanks to the cathedral ceilings that enhance the overall ambiance. With two kitchens, this home is designed for versatility and functionality.
The main kitchen is a gourmet chef's delight, featuring double ovens, stainless steel appliances, and a charming farm sink. Whether you're hosting a family dinner or entertaining friends, this kitchen is equipped to handle it all. Imagine preparing meals with ease and style, surrounded by the beauty of your coastal retreat.
The property extends its charm outdoors with a porch and deck, providing the perfect spaces to relax and enjoy the coastal breeze. Whether you prefer sipping your morning coffee on the porch or hosting a barbecue on the deck, you'll find the perfect spot for every occasion.
And for those sandy beach days, there's even an outside shower to rinse off the salt and sand, ensuring your home remains a haven of comfort. Embrace the coastal lifestyle in this meticulously designed property, where every detail is crafted to enhance your living experience. Your beach retreat awaits – make it yours!
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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