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6105 Chase St
About This Property
The primary bedroom is spacious enough to handle a king size bed and dresser. The guest bedroom includes custom built ins and new closet doors. By the way, there are built-ins aplenty here. The main bath has a secret feature too, a convenient laundry shoot! Head downstairs to the spacious basement to find a family room with a welcoming vibe and brand new carpet, 5" baseboards too. The basement also includes two additional bedrooms, an oversized laundry room, and a 3/4 bath. Outside find a covered porch and fresh new sod, while you are there notice most of the fence is new. By the way, the lot size isn't to shabby... it's huge! The home is equipped with fiberoptic for speed and the previous owners are leaving the 2 ring security cameras. Yay! It comes with all the appliances! This house gets even better because the new roof was just approved and is going on any day now.
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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