4725 159th Street
About This Property
You Know That Considering Solid Construction, The Use Of Quality Materials, And Diligent Maintenance Throughout The Years This Home Was Built To Last! And Lets Not Forget The Exterior! Because The Driveway, Patio, And Backyard Stairs Were Also Completely Redone & Paved In 2018. Even The Garage Roof Has Been Replaced. Garage Is Of Course Equipped With An Electric Garage Door Opener. For Those Opting For Public Transit - You're In Luck.. Because You Are Neat Multiple Bus Lines Including Q65, Q26 & Q27. For Those Who Like Outdoors.. Kissena Park Is Basically Around The Corner; Think Fishing, Biking, Multiple Playgrounds & Various Recreational Activities For All Ages. This Home Truly Is A Complete Package.
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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