4214 DAVINCI Avenue
About This Property
Meticulously maintained and beautifully updated, this classic, brick 3BR 2BA home is located in the sought after Venetia neighborhood! Every attention to detail has been given by current owners since 2017, including: updated kitchen with stainless appliances; updated hall bath & new master bath; spray foam insulation and dehumidifier in attic & Clean Space barrier and dehumidifier in crawl space; new Trane A/C and ductwork; new roof and gutters and new garage roof. Interior has high ceilings, crown molding, original hardwood floors (oak) with knotty pine in kitchen! Brand new paver patio and fence (2021) create super outdoor entertainment space! Windows galore lend light and bright cheer throughout this immaculate 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017