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403 Torry Avenue
About This Property
RESIDENTS HAVE EASY ACCESS TO THE NYC FERRY SOUNDVIEW ROUTE, WHICH PROVIDES A SCENIC 18-MINUTE RIDE STRAIGHT INTO MANHATTAN. IT IS ALSO HIGHLY ACCESIBLE TO MAJOR THOROUGHFARES LIKE THE CROSS BRONX AND BRUCKNER EXPRESSWAYS. THE CASTLE HILL YMCA IS JUST STEPS AWAY, OFFERING FITNESS, CHILD CARE, AND COMMUNITY PROGRAMMING. ON THE WALK IN, FIRST FLOOR THE HOUSE HAS A SUMMER KITCHEN, BATHROOM AND BEDROOM. WALK UP TO SECOND FLOOR AND YOU HAVE YOUR FORMAL DINING ROOM LIVING ROOM, KITCHEN AND HALF A BATH. ON THE THIRD FLOOR YOU HAVE 3 BEDROOMS AND A FULL BATH. THIS GORGEOUS HOME HAS MANY UPDATES INCLUDING NEW WATER TANK NEW ROOF NEW WINDOWS NEW BRICK POINTING NEW CONCRETE IN BACKYARD AND NEW PAVERS AND NEW FRONT FENCE. THIS HOME IS MOVE IN READY AMPLE SPACE FOR THE WHOLE FAMILY GENEROUS SIZED ROOMS WITH AMPLE CLOSETS PARKING AND BACKYARD HOME SWEET HOME.
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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%.
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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.
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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