4038 Murdock Avenue
About This Property
This list is a few of the upgrades to this property: Bathroom: Completely renovated bathroom with New Durock and green anti-mold sheetrock throughout, New heated Jacuzzi tub. Basement:Completely renovated basement/Recreational space. Back Yard: New Liberty Stone retaining wall with gravel, New Filmore style wood fence with post and caps, Waterproofed finished fence for 8 years (bear Premium paint), Added solar powered light caps on each post.(see attachment for more detail) Additional Information: ParkingFeatures:1 Car Attached,
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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