49 89th Street #0
About This Property
As you enter the home, there is a windowed foyer that leads into the living room, then dining room, and finally the kitchen. All rooms have high ceilings and are separated with classic prewar arches.The kitchen was designed with the chef in mind. With windows that overlook the private yard, this crisp-white, modern kitchen boasts Ceasarstone countertops, Carrara marble backsplash and all Bosch appliances including cooktop, wall-oven, double-door refrigerator and dishwasher. The bathrooms have been renovated with the same aesthetic in mind with white Carrara marble, and Hansgrohe fixtures.On the second floor, there are three separate bedrooms. The master bedroom has its very own terrace. The windowed basement is currently used as a recreation room, office, utility room and storage area.There is a shared driveway, private parking garage, and planted yard that is perfect for grilling and entertaining.
Annual taxes are $6,843.31.
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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