513 Hill Street
About This Property
Inside, the home features a mudroom with built-in storage, refinished original hardwood floors, and a living room illuminated by a skylight. The remodeled kitchen is equipped with white shaker cabinetry, a tiled backsplash, and a beadboard ceiling. The main level layout offers three bedrooms and two full bathrooms. The full, unfinished basement houses the laundry area and offers ample storage or workshop space. Additional features include a fenced backyard with a fire pit, updated mechanicals, and a newer roof. Move-in ready. Schedule your tour 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