5302 Roosevelt Boulevard
About This Property
Own the entire length of a city block with this spacious 4 potential, 5 bedroom home sitting on an impressive double lot. Located alone on the corner of a quiet dead-end street, this property offers privacy, no through traffic, and tons of room to upgrade, redesign, or expand. Inside, you'll find huge room sizes, great storage, and a floor plan ideal for a modern renovation. Hardwood Floors throughout most of the home! Main floor features a large living room, spacious eat-in kitchen, laundry room with brand-new epoxy floors, huge updated bathroom and 2 bedrooms. Upstairs offers 3 additional bedrooms and built-in hallway dressers. New Furnace (2016), new disposal (2025) and newer windows provide a solid start for your improvements. The property also includes a 2-car detached garage, rear patio and fenced yard with plenty of outdoor potential. Walking distance to Swapka Park, Young Recreation Center, Eton Senior Center, and Best Middle School, a prime location buyers love.
Selling strictly AS-IS. Cash buyers strongly preferred. Priced to move quickly don't miss this rare block-long investment opportunity!
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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