4431 SAINT MARKS ROAD
About This Property
Enjoy both indoor and outdoor living with a charming covered front porch and an expansive rear deck ideal for entertaining, dining, or simply taking in the peaceful surroundings. The rear deck includes a remote-controlled retractable awning, allowing you to enjoy the space in either sun or shade. The fully equipped eat-in kitchen offers ample space for everyday living, while the formal dining room provides an elegant setting for special occasions.
Adding to the home's appeal, solar panels with a transferable lease provide energy efficiency and long-term savings, offering an eco-friendly lifestyle. The large storage shed adds valuable extra space for tools, lawn equipment, hobbies, or outdoor gear. Heat pump (2025) with warranty. Pressure tank (2025) with warranty. Sold as-is.
A full unfinished basement offers endless possibilities - design a home gym, recreation room, workshop, or additional living space tailored to your needs. Combining comfort, character, and scenic beauty, this exceptional property is ready to welcome you 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017