6344 State Route 9
About This Property
1 1/2 bathrooms (one on each floor), a large kitchen and dining room area that opens to an enclosed screened porch overlooking the .39 acre backyard. Full walk out basement with workshop and storage space, laundry room and a 2022 OHA Furnace add to this homes updates. Main Street living at its best with stores, shops, restaurants close by and the can't miss ''Ice Cream Parlor '' across the street. Call today to schedule your appointment!
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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