4621 WALDO Avenue
About This Property
Stucco-coated facade with clay tile roof
Ceramic tiles surround the original wood paneled main entrance door
Historic wood shutters and ornate wrought iron balcony's
Round Arched headed casement windows throughout
Original Italian ceramic embellish the fireplaces and baths
Impressive Posted gated driveway
Although 4621 Waldo has maintained its historical integrity, the home has been updated over the years to integrate with a Centri-Pro water filtration system, lighting, and mechanicals.
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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