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4131 28TH AVENUE
About This Property
You will see so many updates in this wonderful example of a 3 level mid century modern duplex. Spacious with plenty of room to spread out for a family or when entertaining. The home has been extremely well-maintained over the years and is built to last with full brick construction, storm doors and a maintenance free exterior. You will be very pleased starting with the shiny hardwood flooring on the main and upper levels to the new vanities, lighting and window treatments. Enter your home from a covered front porch to a bright living room with over sized windows. Enjoy a separate, bright dining room adjacent to the upgraded kitchen which features white cabinetry, stainless steel exterior appliances, a tiled back splash & attractive ceramic tile flooring, great for quick cleanups. Enjoy stepping directly from the kitchen onto a spacious extra large rear patio, perfect for summer cookouts. The bedroom sizes are generous with lots of natural light and the primary bedroom includes 2 closets. The full basement ( ideal for a home office or playroom) features a finished family room and a separate laundry/storage area, also with direct access to the patio and a fully fenced backyard. There is street parking, however you'll always have a space since the duplex has its own driveway.
This is a terrific neighborhood located just a couple of miles from METRO and steps from a major bus route. Easy walk to Marlow Heights Shopping Center with Giant Food & lots of other conveniences. Kids will love the community playground and park right across the street. Come see today!
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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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About Marlow Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017