656 PICASSO Avenue
About This Property
This 3-bedroom, 2.5-bathroom gem comes with a versatile loft/flex space, ideal for creating a cozy second living room, a fun kids' hangout, or a productive home office.
Imagine cooking up a storm in the fully updated kitchen featuring quartz countertops, stainless steel appliances, a double oven, and tons of shaker cabinets for all your storage needs - your culinary adventures just got a major upgrade!
Or retreat to the oversized primary suite featuring a HUGE walk in closet and a luxurious en suite with a separate shower and a blissful garden tub.
This dream home just got even dreamier - with freshly painted guest rooms and loft, a NEW ROOF, and a recently upgraded HVAC system.
With A+ rated schools just moments away, pristine beaches nearby, and a backyard retreat perfect for entertaining, this home really has it all!!! Life just got a whole lot sweeter!
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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