4466 Carmen Street
About This Property
Kitchen has been remodeled with dark slate flooring, natural oak cabinets, contrasting dark granite counter tops with 6 inch back-splash and large seated bar that over looks living room, dining room and backyard. Main floor bedroom has double door entry, mirror closet doors, ceiling fan and is adjacent to full sized remodeled bathroom. Several windows and 2 sliding doors surround the 1st floor allowing for lots of natural light to filter in. As you travel upstairs you will be Wowed by the art work of the custom stair case. Upstairs is a loft style design with room for an office work station, Cal King bedroom set, night stands and plenty more room to move about. Master bathroom has an over-sized soaking tub, large vanity with seated make up station, dressing area in front of wall to wall mirrored closets. Back outside you have a wrap around yard, tranquil built in water water feature, tasteful landscape and solar accent lighting. Home has also been upgraded with dual pane windows, upgraded HVAC system, built in loft shelving in garage, custom closet organizer in each closet, newer roof and newer exterior and interior paint.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 21, 2020 | Sold | ||
| Sold | |||
| Mar 18, 2020 | Listed by eHomes | $439,000 | |
| Listed by eHomes | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017