592 SE 154TH AVENUE
About This Property
With 1,664 square feet of cozy living space, the home is move-in ready and full of charm. Step outside to a brand-new, oversized covered back porch-ideal for relaxing evenings or weekend gatherings.
In addition to a large steel-constructed workshop with roll-up doors, the property includes a separate building that could serve as a guest suite or mother-in-law quarters-offering flexible living or rental potential. A detached carport provides covered parking, and a spacious greenhouse is perfect for anyone ready to start their own garden. For peace of mind, the home also boasts a whole home generator providing reliable power during any circumstances.
Two entrances off a paved road provide easy access to the property, making this an ideal setup for hobbyists, families, or anyone looking to escape the hustle and bustle of city life.
Whether you're a first-time buyer or simply craving more space and serenity, this property has too much to list!!!
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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