5 E 15TH ST
About This Property
Step outside to an incredible backyard, fully fenced and flat, with off-street parking for two vehicles. Enjoy added outdoor square footage, a covered pergola deck, an electric car charging station, and a gas line ready for your grill-perfect for summer cookouts. The roof is just one year old with a transferable warranty, and the gas HVAC system was installed in 2017, with a mini-split added in 2020 for enhanced comfort. Don't miss the opportunity to own this beautifully updated home with a charming front porch and freshly painted exterior. Open house has been cancelled.
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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