609 E Edney Avenue
About This Property
Recent renovations include a new metal roof, new water heater, fresh interior paint, brand-new flooring, updated lighting, stylish fixtures, and a beautifully refreshed kitchen with new appliances, countertops, and sink. Every room feels bright, clean, and thoughtfully updated, creating welcoming space ready for its next owner.
Ideally located just moments from Twin Hills Park, you'll enjoy easy access to playgrounds, sports fields, walking trails, community events, and outdoor recreation. Located near Ferdon Boulevard, this home offers quick access to shopping, dining, schools, and everyday essentials.
Whether you're a first-time buyer, looking to downsize without sacrificing, or searching for a home where the hard work has already been done, this one checks all the boxes.
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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