28
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543 Lima
About This Property
This conveniently located home, only 1 block from the local elementary school has been upgraded with extra foam injections and double pane windows, making it highly energy efficient.
Basement opens up with a large living/family room, hallway leading to an over-sized laundry room and to 2 non-conforming bedrooms. Radon mitigation system has been installed.
Front and back yard has a sprinkler systems in place. Covered patio leads to a spacious back yard, with a cute water feature in the middle of it and a mature large tree in the corner making the yard a cozy place to hang out, relax or entertain. A shed in back yard provides an extra storage for all the gardening tools.
This home is truly a gem and must see!
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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