6 Pine Place
About This Property
The eat-in kitchen features warm wood cabinetry, granite countertops, radiant heated floors, and a sunny breakfast nook overlooking the backyard. Sliding doors lead to the covered back porch, creating wonderful indoor-outdoor flow. A first-floor bedroom or home office, along with a powder room, adds flexibility and convenience.
Upstairs offers three bedrooms, including a spacious primary suite with two closets plus a walk-in closet and its own full bath with radiant heated floors, double vanity and generous shower. An additional full hall bath with radiant heated floor serves the remaining bedrooms. The unfinished basement includes laundry, utilities, and ample storage space.
Outside, enjoy a peaceful backyard with an enchanting garden feel, surrounded by mature plantings and offering a flat, fenced property with endless possibilities for entertaining, relaxing, or creating your dream outdoor space. The charming back porch is the perfect spot to unwind and take in the beauty of the yard. Fantastic opportunity to enjoy Greenlawn Village living close to shops, restaurants, beaches, and the L.I.R.R. This special property is not to be missed!
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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