5068 William Street
About This Property
The family room has a cozy gas fireplace and a lot of natural light that leads into the convenience of a dine-in kitchen. The dining room and front room can be used for more formal affairs. A convenient first floor laundry is right off the kitchen.
The primary bathroom boasts a large skylight that helps bathe the room with natural sunlight. The primary bedroom has a walk in closet.
Nice, dry basement with high ceilings. Serviced, whole house generator. 4 year old furnace and air conditioning unit; Complete tear off roof in 2013; back up sump pump. All appliances stay including brand new dishwasher and stove.
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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