6622 TUCKER AVE
About This Property
The front foyer is flanked by a formal living room with charming wallpaper and fireplace and a larger formal dining room. Beyond lies a bright and thoughtfully designed kitchen adjoining breakfast nook with built-in banquette, a screen porch, intimate family room and formal powder room. The delightful kitchen adjoins the mudroom/pantry and main-floor laundry which leads to the attached oversized garage with storage loft, adding practicality to everyday life; the convenience of a laundry chute from the upper level to the laundry room does the same.
Ascending the stairs reveals four generously proportioned bedrooms, each exuding comfort and style. The hall bath and master ensuite bath are lovely, renovated, and well-appointed with classic tile and finish choices.
The exterior of the residence exudes timeless charm with a combination of brick, composite siding, and cedar shingles. The well-manicured outdoor space includes uplighting on Crepe Myrtle trees, patio, mature landscaping, and front and back stone walkway,
This renovated, perfectly turn-key Morris Day home presents an unparalleled opportunity for refined living, where modern amenities and timeless charm harmonize to create the perfect sanctuary.
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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%.
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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