6412 PRATT AVE
About This Property
Large windows throughout the home fill every room with natural light. The spacious family room, featuring a cozy fireplace, flows seamlessly into the custom kitchen and butler's pantry. French doors open to a large, private TimberTech deck, perfect for entertaining or relaxing in privacy. A mudroom and ample cabinetry on the main level provide excellent storage.
The main floor also boasts a light-filled dining room and living room, both with a second fireplace, as well as an enclosed porch with windows on three sides, offering additional living space.
Upstairs, you'll find four generously sized bedrooms, including a large primary suite with soaring ceilings, two walk-in closets, and a luxurious marble bath. Two additional full bathrooms and a convenient laundry room complete the upper level. The refinished basement offers versatile space for a home gym, media room, or additional storage, making it an ideal spot for both work and play. This home effortlessly combines comfort and style, providing an excellent layout for both everyday living and entertaining.
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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