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592 Powell Street
About This Property
A meticulously renovated, move in ready single family nestled on a beautiful tree lined street of Brownsville.
Featuring a wide private driveway, yes you read right! PRIVATE PARKING IN BROWNSVILLE.
This turn, key move in ready single family is the perfect opportunity for buyers looking for space.
First floor features expansive sun drenched, massive, open concept living/dining area which provides great space for entertaining. The stunning granite kitchen is any chefs dream. Kitchen features floor to ceiling custom cabinetry, adorned with a full fleet of stainless steel appliances, equipped with island for bar stool seating and leads out into lush rear yard. Powder room on 1st floor for your guest.
Up a flight of stairs onto the 2nd floor three well proportioned bedrooms awaits you, each equipped with ample closet space. Down the hall a fully tiled bathroom is adorned with state of the art wall & floor tiles.
The high ceiling full finished basement can be used as the perfect guest quarters, in-law suite, media den, storage space or additional recreational space.
Renovations include brand new select wide oak wood flooring, recessed lighting, updated electrical, heating, plumbing and energy efficient central A/C systems throughout.
592 Powell Street is conveniently located with close proximity to major transportation, which makes commuting a breeze. Just off New Lots Avenue, Lott Avenue, Newport Street. Short blocks to schools, shopping centers, restaurants, cafes, parks and many other vibrant neighborhood amenities.
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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