45 Catherine Street
About This Property
Inside, you'll find a spacious layout highlighted by a large living room with a cozy fireplace, creating the perfect gathering space. Hardwood floors run throughout much of the home, adding warmth and character. The eat-in kitchen offers plenty of room for daily meals and entertaining, while the generously sized bedrooms provide comfort and flexibility for a variety of needs.
While some features reflect the home's original charm and may benefit from updating, the property has been well maintained and offers a wonderful opportunity to add your personal touches over time. Central air conditioning provides comfort during the warmer months, and the covered back porch is an ideal place to relax, enjoy your morning coffee, or unwind at the end of the day.
Conveniently located close to shopping, dining, schools, parks, and major commuting routes, this home combines classic construction, desirable one-level living, and great potential in an established Amsterdam neighborhood. Don't miss the opportunity to make 45 Catherine Street your next 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