525 CLEARDALE AVENUE
About This Property
The main level features a bright living room filled with natural light, a formal dining room ideal for gatherings, and an eat-in kitchen designed for everyday living. A cozy den and sunroom offer flexible space for relaxing, working from home, or entertaining.
The home includes three comfortable bedrooms and 1.5 bathrooms, including a spacious primary bedroom with an oversized walk-in closet. A one-car attached garage and full basement provide ample storage and future potential.
Situated on an expansive 100 x 175 double lot, the outdoor space is perfect for gardening, entertaining, or simply enjoying the neighborhood. Meticulously maintained and move-in ready, this home presents a wonderful opportunity in one of Ewing's most established communities.
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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