44 Brooks Avenue
About This Property
Numerous recent upgrades include new siding, all new windows, exterior doors, an architectural roof, a new two-zone gas boiler, 200-amp electrical service, and all new wiring throughout. Additional highlights include a partially finished basement offering flexible bonus space, a spacious storage shed, ample off-street parking, and PVC fencing surrounding much of the front and rear yards.
Ideally situated mid-block with low taxes, this home offers the perfect combination of classic Colonial charm, modern updates, and exceptional value. Nothing to do but unpack and move right in!
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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