440 Crescent Drive
About This Property
The kitchen showcases two tone cabinetry, quartz countertops, and a butcher block island, complemented by a fully tiled main bathroom and light filled bedrooms. A private side suite with its own bedroom, bathroom, and mini kitchen nook creates an excellent additional income opportunity or ideal setup for guests or multigenerational living.
Enjoy peace of mind with impact windows, a 2023 roof, 2023 AC, 2023 tankless water heater, brand new electrical service and panel, new insulation, redone plumbing and sewer piping, and a new irrigation pump. A large backyard with endless potential completes this move in ready 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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017