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About This Property
The home's architectural elegance reflects the era of its creation, with clean lines and expansive glass walls that seamlessly integrate indoor and outdoor spaces. The 24-foot ceilings enhance the sense of grandeur, while the interior spaces provide a gallery-like setting for art and creativity. The unique lofts and open spaces adds to the property's unique charm, making it an ideal retreat for those seeking inspiration and tranquility. This exceptional residence offers a rare combination of privacy and sophistication-truly a once-in-a-lifetime opportunity. Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,
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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