6 Morningside Drive
About This Property
Step inside and discover a warm and inviting atmosphere featuring hardwood floors throughout, a wood burning fireplace, and central air. The kitchen is a true highlight, with its exposed brick walls adding a touch of character and raw charm. A large kitchen window overlooks the beautiful rear garden, perfect for hosting outdoor gatherings. This home was meant to entertain friends and family, there is both a front and rear porch, a garden patio and side portico with white columns , an effortless transition between lively gatherings and times of solitude. Additional features include laundry room on the first floor, two full bathrooms, and generously sized rooms. Built by a builder for his family, this home boasts quality craftsmanship that is all too rare today. This house is completed by a 2-car garage, a walk out lower level that can be used for storage, extra space, and gives you the ability to expand your living space if needed. This well maintained home is move-in ready! Annual STAR is $1920, if applicable. Walk to Ryder Park with three ball fields, picnic pavilion, basketball courts, tennis, pickleball, walking trails and playground. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
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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%.
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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