5983 AUGUSTINE AVE
About This Property
The unfinished basement includes an in-law suite with a full bathroom, a partial kitchen (no cooking source), and private entrance, providing additional living space and privacy. The open floor plan enhances the flow of the home, while the heated and cooled sunroom with sliding glass doors offers year-round comfort.
Outside, the expansive rear yard features privacy fence, large storage shed. The great front porch overlooks the beautifully landscaped front yard with curb appeal. This home is perfect for those seeking comfort, convenience and a touch of elegance. Don't miss out on this incredible opportunity. Schedule your visit today!!
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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