6226 2ND AVENUE
About This Property
The main level features hardwood floors, a formal dining room, and recessed lighting that enhances the warm, inviting atmosphere. The recently finished basement provides additional living space including a rec room with a cozy fireplace and 4th bedroom or home office and new full bathroom.
Enjoy outdoor living in the beautifully manicured and landscaped front yard as well as the backyard complete with a deck, storage sheds. The 2-car garage and driveway offer plenty of parking options. Recent upgrades include a new HVAC system and new roof for added peace of mind.
Move-in ready and beautifully maintained-this home truly has it all!
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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