419 Emerson Drive
About This Property
The kitchen has been tastefully updated with sleek countertops and stainless steel appliances. Adjacent to the kitchen, the flowing layout seamlessly connects the living and dining areas, offering an ideal setting for both everyday living and entertaining. Unwind in the updated bathroom featuring contemporary fixtures. Each of the bedrooms offers comfort and privacy.
Located in an area known for its convenience and lifestyle amenities, residents of this neighborhood enjoy proximity to parks, shopping, and dining options.
Don't miss the opportunity to make 419 Emerson Dr your new home.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017