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4407 PICKETT ROAD
About This Property
Over the years, the home has been thoughtfully updated with a refreshed kitchen featuring granite countertops, modern cabinetry, stainless steel appliances, wall oven, and cooktop. Both bathrooms have also been updated, blending comfort and style for everyday living.
Natural light fills the home, enhanced by double-pane vinyl windows, while the outdoor space offers plenty of room to relax or entertain. Enjoy mornings or evenings on the composite deck overlooking the expansive yard.
Additional major improvements include a Carrier HVAC system (2019) and water heater (2020), providing added peace of mind.
Combining timeless curb appeal, meaningful updates, and an exceptional location close to parks, shopping, dining, and commuter routes, this home is a rare opportunity in the heart of the Woodson district.
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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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About Long Branch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017