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618 YOUNG PLACE
About This Property
Major updates already completed for peace of mind, including a BRAND NEW ROOF (2025), fresh paint, updated kitchen appliance, remodeled bathrooms, and durable laminate flooring throughout main living areas. The kitchen features ample cabinetry, solid surface counters, and a seamless flow into the dining and living spaces.
Step outside to enjoy the large backyard with a screened/enclosed porch and plenty of room to expand, entertain, or create your own outdoor oasis. The extended driveway provides ample parking for multiple vehicles, guests, or recreational toys.
Conveniently located near shopping, dining, schools, and major roadways, this home combines location, updates, and value.
Homes with this lot size, updates, and location don't last, schedule your private showing today!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017