604 BARTLETT DRIVE
About This Property
The main level features a comfortable living room that flows into the modern kitchen, dining area, and second living space. From the back windows, enjoy views of your private backyard oasis featuring a heated in-ground pool and surrounding patio. The open-concept layout, along with the sliding door leading directly to the backyard, makes this home perfect for entertaining or everyday living.
Toward the front of the home, you'll also find a convenient powder room, laundry room, and access to the second floor. Upstairs offers 4 spacious bedrooms and 2 full bathrooms, including a primary suite with plenty of room to unwind.
The partially finished basement provides additional flexible space perfect for storage, a home gym, playroom, or everyday use.
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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