50 N HALSEY ROAD
About This Property
Enter the house to find a spacious living room with wall-to-wall carpeting and a ceiling fan. The kitchen and dining room are flooded with natural light and offer electric cooking, a pantry, a dual sink, a breakfast area, and ample counter and storage space. The primary bedroom has a private bathroom and generous closet space.Two additional bedrooms and a full hallway bathroom complete the house.
The property includes a private driveway, accessible from the rear alleyway, which features a carport and a shed.Other unmentioned features include a security and monitoring system, an ADA-compliant wheelchair ramp, and a new HVAC system with transferable warranty. Schedule your showing today!
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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