5657 Alcott Street
About This Property
As you step inside, you'll immediately notice the fresh and vibrant ambiance created by the new paint throughout the house. The color palette has been carefully selected to exude a warm and welcoming atmosphere, making it easy for you to envision your own personal touch.
The living room is spacious and flooded with natural light, creating an airy and open feel. The new floors enhance the overall aesthetic and offer a seamless flow from room to room. The flooring has been chosen for both style and durability, ensuring that it stands the test of time and complements any decor you choose.
The kitchen boasts modern appliances and sleek butcher block countertops. Whether you're preparing a quick weekday meal or hosting a dinner party, this kitchen is equipped to handle it all. The adjacent dining area is perfect for family gatherings and intimate dinners.
As you step outside, you'll find a true oasis in the backyard. The outdoor entertaining area has been thoughtfully designed to provide a seamless transition from indoor to outdoor living. An expansive patio space offers plenty of room for a dining set and lounging furniture, perfect for enjoying alfresco meals and gatherings with friends and family. The surrounding greenery adds privacy and a touch of nature, creating a calming environment to unwind and recharge.
Additionally, the backyard has ample space for potential landscaping projects, or a play area for kids.
Located conveniently near schools, parks, shopping centers, and major transportation routes, this updated home truly has it all. Don't miss the opportunity to make this house your home and embrace a lifestyle of comfort and entertainment. Schedule a tour today and let this charming residence capture your heart.
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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