607 8th St
About This Property
Inside, the home features a comfortable layout with a warm, cozy feel throughout. The kitchen includes a gas range and refrigerator, and the home also comes complete with washer and dryer, making it truly move-in ready.
Step outside to enjoy the large, quiet fenced backyard, perfect for relaxing, gardening, or entertaining. The property also includes a 1-car detached garage with an attached workshop, ideal for projects, hobbies, or extra storage. A separate storage shed provides even more space for tools and equipment.
The front yard is beautifully landscaped with drought-resistant plants, offering both curb appeal and low-maintenance living. A rare bonus for homes in the area, the property also includes air conditioning, providing comfort during warmer months.
This home has been fully updated, new wood floors, updated kitchen, new windows, newly painted and all new blinds.
Located in a peaceful neighborhood, this home offers the perfect balance of quiet residential living while still being conveniently close to local parks, shopping, dining, and everyday amenities. This charming cottage is an ideal opportunity for those looking for comfort, character, and easy living in a great 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