478 CAVESSON STREET
About This Property
Inside, enjoy striking electric fireplaces that create a warm, sophisticated focal point, complemented by custom built-in bookcases that add both charm and functionality. The open-concept layout flows seamlessly, providing the ideal setting for upscale entertaining or relaxed family living. The primary bedroom on the ground floor offers convenience and privacy, while an additional family room on the second floor provides versatile space for gatherings, homework, or media enjoyment.
Step outside to a private, fully fenced backyard retreat designed for both enjoyment and lifestyle. The spacious yard includes a playground and trampoline, offering a perfect mix of luxury and livability. Backing up to a non-buildable area, the homeowners will enjoy peace of mind and privacy, while the backyard also provides stunning sunsets that create a serene and inviting ambiance.
This home isn't just a place to live it's a lifestyle upgrade, offering comfort, style, and lasting tranquility.
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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