6107 AVE T
About This Property
Located on a quiet residential block, 6107 Avenue T is a detached single-family home offering approximately 1,500 square feet of interior space on a generously sized lot. The property features three bedrooms, one and a half bathrooms, a finished basement, private parking, and a backyard.
This home requires a complete renovation and is being offered as-is, presenting an exceptional opportunity for investors, contractors, or end users looking to create their dream home from the ground up. With solid proportions, a flexible layout, and strong neighborhood fundamentals, the possibilities are endless.
Conveniently located near shopping, schools, parks, and transportation, this is a rare chance to customize a detached home in one of Brooklyn's most established residential communities.
Bring your architect, contractor, and vision-this property is ready for its next chapter.
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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