64 Broadway
About This Property
been completely remodeled and updated head to toe by it's current owner and is move-in ready.
With a front entrance on Broadway and a back entrance with raised porch, garden, and private parking lot (2 reserved + guest) in the back of the building, (perfect for all of those weekend events the Rondout offers) the building allows for easy access, walking or driving.
Upon entering, the front hall boasts a half bath and a spacious living room, with dining area adjacent to the fully remodeled kitchen with all new honed quartz countertops, floors, and appliances. Upstairs you'll find a large primary bedroom with walk-in closet, adjacent full bath and laundry room with
new washer and dryer.
All floors have been updated to hardwood (White Oak), tile, and carpet, and most windows have been replaced, along with all new window treatments. The roof is 2 years old, heating and central air have both been updated within the last 3 years, and a new hot water heater was installed this year. The
complex also has one of the lowest HOA fees of any in the area at just 120/month
(1440/year).
If you're looking for a charming, well appointed and updated home and the perfect blend of city/country living in a location that is in the center of historic Kingston, beautifully landscaped, and decking that is perfect for grilling and a quiet place to enjoy morning coffee, look no further.
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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