416 King Avenue
About This Property
Settle down in this Charming Cape Cod style home which sits on a corner double sized lot. This home features a spacious living room with hardwood flooring and toasty fireplace, sun room (can be used as an office/study/spare bedroom), updated modern kitchen with dishwasher and stainless steel appliances, full bathroom and two bedrooms. Master bedroom fits a king size bed. Pull down attic provides plenty of room for storage and possible expansion. Fully finished walk-out basement is perfect for the extended family or even to be used as a mother/daughter style home. One car detached garage parking.
My favorite thing about this home has to be the yard space. Great for kids to play, entertaining guests or just sit relax and watch the sun rise! Additional Information: ParkingFeatures:1 Car Detached,
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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