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414 DEAN Street
About This Property
The garden level features a sunlit media room with a second set of floor-to-ceiling NanaWall doors opening to a private patio, plus a guest suite complete with an en-suite bath and walk-in closet. Upstairs, the expansive primary suite occupies the entire third level, offering a spa-like bathroom with radiant heated floors, a soaking tub, and a custom glass-enclosed shower. An oversized walk-through closet connects to the serene bedroom with its own original mantelpiece and bonus den/office. The top floor provides two generously sized bedrooms, each with walk-in closets and private baths.
Located in one of Brooklyn's most coveted neighborhoods, this home offers the perfect balance of tranquility and urban convenience. Park Slope is renowned for its tree-lined streets, historic brownstones, and vibrant community. Enjoy the greenery of Prospect Park, savor brunch at a number of local favorites, or explore artisanal shops and cafes along 7th Avenue. With its proximity to cultural attractions and transportation options, this home is the epitome of luxury city living.
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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%.
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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