4675 Zuni St
About This Property
Downstairs, the finished basement includes two additional bedrooms, a bathroom, and a kitchenette. With a separate entrance and lock-off from the main living space, it works well as a guest suite, mother-in-law setup, or potential short- or long-term rental.
Out back, the yard is spacious with a covered patio that's well-suited for entertaining or everyday use. A detached two-car garage sits off the alley with three additional parking spaces and an over-sized shed.
The home is within walking distance to the growing Sunnyside corridor with its restaurants, coffee shops, and local retail, and offers easy access to I-70 and downtown. A solid opportunity in a sought-after neighborhood with versatility and income potential. 3D Walkthrough: https://my.matterport.com/show/?m=bfNjEe8yNg6&. (**Open house on Saturday the 17th from 11am - 1pm (before the Broncos game) and Sunday the 18th from 10:30am - 12:30pm)
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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