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5417 JULIET STREET
About This Property
The main level features warm hardwood flooring in the living and dining rooms, along with a cozy wood-burning fireplace. The bright and inviting kitchen offers gas cooking, beautiful cabinetry, and granite countertops. All three main-level bedrooms feature brand-new carpeting and share a hall bath with a tub/shower combination.
Downstairs, you'll find plenty of room to spread out and relax, with an expansive recreation room complete with a gas fireplace, the fourth bedroom and bath, and exceptional storage space. For added convenience, there is also a walk-out entrance to the backyard from the lower level.
Many major updates have already been completed for you, including the HVAC system, water heater, roof, windows, and more. With easy access to major commuting routes and close proximity to shopping, dining, and entertainment, this home truly shines.
Welcome home!
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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