4049 Stuart St
About This Property
2022: complete kitchen (electrical, water, gas line), stainless Bosch appliances, leathered granite + smooth granite island, 42" cabinets with smart storage & soft-close, electrifying the butler's pantry; 4th bedroom with new carpet, drywall and 1TB data line. 2021: fully framed & insulated sunroom/breakfast nook, laundry room with coat closet, new flooring windows and exterior lighting. 2020: All HVAC with water heater, radon mitigation, crawlspace vapor barrier, sewer line. Oversized 2-car garage (23'x23') with electrical subpanel and 220V + additional off-street parking spot, xeriscaped yard with 2" turf, exterior paint with transferable warranty, electronic blinds, gas fireplace. 2019: new roof, storm windows on leaded glass, custom staircase, upstairs ensuite with additional marble bath, beetle kill ceiling and separate climate control system.
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Cap Rate Calculator
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017