47
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518 Boulder Street
About This Property
Upstairs, three newly carpeted bedrooms, the guest bath, and laundry room make chores easy. The spacious primary suite boasts a vaulted 11' ceiling, double vanity, linen closet, private water closet, new flooring, and separate shower and soaking tub. Additional updates include a 2022 water heater, and the neighborhood playground is just down the street. Assumable VA loan balance of $299,730.50 at 3.625% interest rate offers a fantastic opportunity for qualified buyers. This home blends updates, lifestyle, and location perfectly--don't miss it!
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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