38
Map
48 New York Way
About This Property
Residents here can enjoy a diverse array of activities and amenities, ensuring there is always something exciting to do. Whether you prefer to take a refreshing dip in the community pool, engage in a friendly game of tennis, or simply socialize with neighbors in the clubhouse, there is an abundance of options to suit every lifestyle. Located just steps away from the recreational center, workout room, and mailboxes, this particular home offers unparalleled convenience. '||chr(10)||'The residence itself has been well maintained, with its tastefully designed interior and functional layout, this home provides a comfortable and inviting atmosphere. '||chr(10)||'Don't miss out on this incredible opportunity! Priced to sell, this home won't stay on the market for long. Contact us today to schedule a private tour before it's gone. Experience the best that this community has to offer and make this exceptional residence your own.'||chr(10)||'
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Cap Rate Calculator
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