620 8TH STREET
About This Property
The main level offers the convenience of a spacious bedroom and full bathroom, perfect for guests or multi-generational living. Throughout the home, you'll find luxury laminate flooring that adds both style and durability.
The updated kitchen is a standout, complete with stainless steel appliances, quartz counter tops, breakfast bar and ample cabinet space-ideal for any home chef.
Enjoy the added benefit of a private driveway with space for multiple cars, providing plenty of off-street parking.
This move-in ready home blends modern finishes with functional design-don't miss your opportunity to make it yours!
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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