22
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5 Avon Road
About This Property
Welcome to this charming, light-filled home nestled mid-block on one of the most beautiful tree-lined streets in the coveted Manor section of New Hyde Park. This meticulously maintained residence offers a perfect blend of comfort and convenience, featuring gas cooking and gas heating, ideal for modern living.
Enjoy the ease of everyday life with close proximity to top-rated schools, transportation, and places of worship-all just moments away. The home boasts gleaming hardwood floors, a spacious first-floor bedroom, and a large basement that mirrors the full footprint of the house, offering endless possibilities for storage, recreation, or future expansion.
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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