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434 LAKEVIEW AVENUE
About This Property
Inside, both main-level bathrooms have been redone, including a stunning primary bath with a hand-hammered copper soaking tub and custom shower. The primary suite also features updated flooring and a walk-in closet. Main-floor laundry adds everyday convenience.
Recent upgrades include a newer HVAC system, tankless water heater, and functional mudroom off the attached one-car garage with custom wood door. The finished lower level offers additional living space with a bonus room and cozy den featuring a gas fireplace. Outside, enjoy a fenced, low-maintenance backyard with multiple patio areas perfect for relaxing or entertaining. This move-in ready home with exceptional updates in an unbeatable location is a special opportunity not to be missed.
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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