5522 S VINCENT --
About This Property
The garage has been fully upgraded for both functionality and style, featuring a Genie StealthDrive Connect 1-1/4 HP belt-drive Wi-Fi garage door opener with Aladdin Connect, new Wayne Dalton door springs, a Monkey Bars storage system, a built-in floor-to-ceiling workbench for maximum storage and workspace, and durable chipped epoxy flooring. An additional hose bib in the garage is connected to the home's H2O Concepts water conditioning system, providing convenient access to conditioned water for cleaning and projects. The interior is finished with semi-gloss paint for easy cleaning and added moisture resistance.
Inside, custom design elements add warmth and character throughout the home, including shiplap accents on the family room media wall and kitchen island, as well as a barn door in the loft for added privacy. A Steel Advantage security screen door enhances both curb appeal and airflow while providing additional security.
With its prime location across from the park, modern upgrades, and thoughtfully designed features, this home offers an exceptional blend of comfort, convenience, and value.
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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