4675 Webster St
About This Property
This vintage home is recently renovated with new siding, interior paint, new carpeting and updated finishing touches. This large ranch is clean, bright and open! It has all the charm of an older home with a modern feel and is all ready for move in! The sun-room off the kitchen offers plenty of sunshine for dining or an extra sitting room! The bonus fireplace room is a beautiful extension to the main bedroom or an excellent home office, toy room, family room or converted to a 3rd bedroom. A large covered porch in front and back for comfy benches and patio furniture. New privacy fence in the backyard and a beautiful mature Maple tree provides plenty of shade on the large west-facing deck with new privacy shades for watching that Colorado sunset! Lots of room for all the stuff with a nice over-sized driveway and extended spacious 2+ carport that could store RV's, Boats and extra vehicles. Additionally, the roomy two car garage is extended with a workshop or studio in the back with double doors leading back out to the garage. Conveniently located to shopping, restaurants and public transportation.
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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