606 Union Avenue
About This Property
606 Union Ave. sits just across the street from Depew Park. The downtown district and Metro North train station are both a short distance away, no car needed. There are markets, cafes, restaurants, any resource you can think of all close by.
This 3 bedroom, 2.5 bathroom home has a cozy, recently updated eat-in kitchen with patio doors that lead out to a back porch and spacious fenced yard.
The master bedroom has a stairway that leads up to a finished attic- perfect for walk-in closet or home gym.
The basement has its own full bathroom and plenty of room for storage or office space.
Many recent improvements, including new roof (2019), recently renovated bathroom and kitchen, and new appliances. Ask your agent for full list!
Taxes do not include STAR. Additional Information: Amenities:Storage,
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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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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017