5514 Avenue L
About This Property
This home is also equipped with solar panels, contributing to energy efficiency and sustainability. The convenience of a laundry area in the basement adds practicality to everyday living. The spacious layout offers plenty of room for relaxation and personalization, making it ideal for a variety of lifestyles.
Located in a vibrant neighborhood, this property is close to local amenities, public transportation, and everything Brooklyn has to offer. Whether you're a first-time buyer or looking for a cozy place to call home, this residence offers comfort and convenience in one of the most sought-after areas of the city. Don't miss out on the opportunity to own this lovely home in a fantastic 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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017