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455 Union Street
About This Property
This thoughtfully designed home was completely renovated in 2010. It features an expansive open-concept living, dining, and kitchen level ideal for both everyday living and entertaining. The generous kitchen is beautifully appointed with premium appliances, abundant storage, and a large island that seamlessly anchors the space. A wall of windows opens directly onto a lovely private outdoor deck complete with a built-in grill and stairs leading down to a landscaped backyard - creating a true extension of the home.
Natural light pours in throughout the house thanks to the large skylight above the new center staircase. Upstairs, the primary bedroom has oversized windows, an en-suite bathroom with a steam shower and a walk in closet. This floor also has an additional two bedrooms, a renovated bathroom and great closets providing ample space for everyone. The garden level spans the length of the entire house and offers the flexibility to use as a media room, gym, guest space or home office. Central AC, new windows, custom remote blinds and an integrated surround sound system are just some of the upgrades to be found.
Located on a prime Carroll Gardens block, 455 Union Street offers the very best of Brooklyn townhouse living. A newly renovated school playground is directly across the street! You'll be near some of the best independent shops like Books are Magic and Wanderlustre,and beloved neighborhood restaurants like Frankie's Sputino, Black Mountain Wine Bar and Baby Luc's. Carroll Park is just up the block as are the F/G trains, making commuting a breeze.
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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