4112 MARX AVENUE
About This Property
Maintained with the utmost care by the same owners for decades, our Marx Avenue listing lends itself to being upgradeable to build even more equity but also is ready for nothing more than your furniture and forks and knives!
Size matters with this home, as it's one of the largest to be listed/sold within a half mile radius over the past 180 days. With 3 bedrooms "up" and another on the main level, this home is ready for folks and their families, of all sizes. Not to mention, there's potentially THREE other bedroom areas on the THIRD floor above grade (essentially the attic space) that are finished and able to be offices, nurseries, or even extra bedrooms.
Marx Ave also offers a clean and meticulous partially finished basement with separate access at the rear of the home. With tons of off street parking, fully fenced yard, 3.5 bathrooms, covered front porch, galley-style kitchen, this one offers a tid bit of everything you could want!
Schedule a showing at this pristine home before someone else does!
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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