55 Pine Street
About This Property
Ideally located just down the road from the brand new Station Yards development, you'll have top-tier dining, shopping, and entertainment just minutes away. Commuters will love the easy access to the LIE (Long Island Expressway) and nearby LIRR (Long Island Railroad), making daily travel a breeze.
Inside, you'll find a versatile layout with multiple bonus rooms in the basement-perfect for guests, a home office, or a cozy lounge space. The home is also located less than 3 miles from the local elementary, middle, and high schools, adding to its everyday convenience.
With EXTREMELY low taxes and a prime location that makes heading east for summer weekends or west for work effortless, this home truly checks all the boxes.
Don't miss the opportunity to own a home that offers both lifestyle and location!
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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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About Holbrook
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Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017