531 Brookhaven Avenue
About This Property
The spacious kitchen was renovated in 2019, along with one of the bathrooms, providing modern finishes and functionality. The electrical panel was updated in 2018, and central air conditioning was added in 2020 for year around comfort.
The home also features a full walk-out basement, offering excellent potential for additional living space, storage, a home office, recreation area, or other uses.
Enjoy the outdoors in the private backyard, which borders a reserved area, providing added privacy and peace of mind. The property is situated in a quiet neighborhood with a convenient location and benefits from low taxes.
This home is ready for its next owner.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017