406 CONUNDRUM TER
About This Property
If the outside isn't for you, head to the basement for a large sitting area, a full bathroom and bedroom, and a hidden speakeasy style rustic saloon complete with its own prep area. This is a MUST SEE! Using wood from 1740's, this room as all the features to take you back in time. Throughout the rest of the home, enjoy the luxury of modern finishes, including wood, flooring, recessed lighting, stylish fixtures, draperies, and top of the line materials! Don't miss your chance to own this fabulous one of a kind home.
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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