5225 Dearborn St
About This Property
Close to local shopping . . .plus a gravel patio for outdoor relaxing! Here is a "must see" opportunity to live in a highly desirable neighborhood. This appealing 4-bedroom, 3.5-bathroom Two story Split level with finished basement home offers an array of advantages. The property is within a pedestrian range of Montbello Recreation Center. Step from the Welcome mat into an interior embrace that includes a splendid entryway, stylish lighting, vaulted ceilings, and a gas fireplace in the family room. The spacious kitchen charms with natural light. Also: stylish cabinets and Stainless Steel Appliances. The serene primary bedroom includes a walk-in closet and bathroom. There are two bedrooms in the upper level with an additional full bathroom. Going down the stairs you will find the first family room with a fireplace to enjoy some movies! Also, in this level, you will find the laundry room.
Finally, going down another set of stairs you will find the finished basement that has another family room that the seller's is using as a bedroom plus the additional bedroom and full bath. Attached two-car garage. Exteriors include a dependable redwood deck and a gravel patio. Don't let this be the one that got away.
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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