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5 Imogene Drive
About This Property
Currently configured as a spacious 1-bedroom residence, the home boasts an open floor plan that creates a bright, airy feel and maximizes living space-perfect for entertaining or simply relaxing in comfort. Whether you're looking for a perfect starter home or to downsize, simplify, or personalize your dream space, this flexible layout offers plenty of potential. Home features a large partially finished basement with high ceilings and separate walk out entrance.
Step outside to discover a beautifully maintained 0.14-acre lot, complete with a large 2-car detached garage-an ideal space for parking, storage, or even a workshop.
Located just minutes from parks, shopping, dining, and major roadways, this home blends convenience with peaceful suburban living. Don't miss your chance to own a unique property with charm, flexibility, and room to grow!
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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