4365 De Reimer Avenue
About This Property
Single family brick house nestled on a beautiful tree-lined block. Duplex has 3 bedrooms and one bath with finished basement and separate entrance. Entry foyer into large formal living room leading to dining room, large windowed eat-in kitchen that leads to laundry area and spacious patio & access to backyard. Walk-out basement to backyard. Conveniently located near all transportation, highways, shops + schools. Within walking distance to the 2, 5 trains. This house is being sold AS IS. Annual real estate taxes are $4,261.76 Additional Information: HeatingFuel:Oil Above Ground,
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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