22
Map
667 Meade St
About This Property
Walking in the front door you're welcomed with a relaxing sunroom, perfect for a cup of coffee and a book while soaking in the sun's rays. Continue on into the home and find an open floor plan living room, complete with a double set of built-in book shelves. Right next to the living room is a great sitting area that leads into the dining area. The dining area features new light fixtures and an art wall with a stunning black background. Next is the kitchen which features new kitchen cabinets and countertops and huge windows with lots of natural light. (Newer stainless appliances, gas stovetop, and two huge lazy susans)
As your wind downstairs you will find a large laundry room with plenty of storage, a storage closet and a recently redone lower level bathroom. A bonus room with be off to the north. Great space for an extra home office, gym space, yoga studio, playroom or whatever you can dream up. The 3rd bedroom is a great size with closet and built in desk space. The forth and largest room in the home can be used for a 4th bedroom or a second living room. This very large space can be anything you can dream up for it.
Kitchen has been renovated along with the main level bath. Water heater is new as of Feb 2021. Furnace and A/C were replaced 4 years ago.
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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