6 Cottage Place
About This Property
This delightful 3-bedroom, 1.5-bath home offers the perfect blend of classic character and modern updates. You'll love the thoughtfully renovated kitchen and bathrooms, featuring stylish finishes and contemporary fixtures. The first-floor laundry adds convenience, while original details throughout the home maintain its timeless appeal. Located just a short walk from downtown, this home offers easy access to shops, restaurants, and community events. A must-see for anyone seeking charm, comfort, and a prime location!
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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