24
Map
412 Fleming Drive
About This Property
Step inside to find two generous living areas filled with natural light, thanks to newly installed windows that create a bright and welcoming atmosphere. A dedicated dining room provides the perfect space for gatherings and home-cooked meals.
The inviting kitchen features a gas cooktop, built-in water filtration system, and ample counter space-ideal for everyday cooking and entertaining. Just off the kitchen, the oversized utility room offers room for a full-size washer and dryer, along with additional pantry or storage space.
Out back, enjoy a large deck shaded by a beautiful mature oak tree-perfect for relaxing or hosting guests-overlooking a lush backyard complete with a storage shed. Home offers solar panels that provide a considerable energy savings!!
The primary bedroom is generously sized and includes a private en-suite half bath and a large closet. Two additional bedrooms offer flexibility for family, guests, or a home office.
This home is a fantastic opportunity to own a slice of comfort and charm in the Mid-Cities at an exceptional value!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017