4224 W Porter Avenue
About This Property
This 4-bedroom, 2-bathroom residence offers 1,245 square feet of thoughtfully designed living space on a generous 6,000 square foot lot. Step inside to discover a fully reimagined interior, featuring brand-new luxury vinyl flooring, recessed lighting throughout, and fresh interior and exterior paint that gives the home a modern, inviting feel.
The stunning new kitchen boasts sleek cabinetry, quartz countertops, and brand-new appliances, making it perfect for both everyday meals and entertaining guests. Both bathrooms have been completely remodeled with contemporary finishes to create a spa-like retreat.
Outside, enjoy the newly landscaped yard with fresh sod, a modern sprinkler system, and a spacious driveway that offers ample parking. Whether you're hosting gatherings in the backyard or relaxing in the serene outdoor space, this home offers a perfect balance of comfort and style.
Situated in a charming neighborhood, 4224 W Porter Avenue is conveniently located near parks, schools, and shopping. This move-in ready home is ready to welcome its new owners and create lasting memories.
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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