6841 60TH STREET N
About This Property
Noteworthy upgrades include a brand new garage door opener with 1-year warranty, energy-efficient LED light fixtures, expansive closets with added shelving for optimal organization, and new attic insulation for enhanced energy savings. The bedrooms are adorned with plush, clean carpets that contribute to a cozy atmosphere.
Outdoors, the property showcases a carefree saltwater pool complemented by a brand new hard top gazebo, ensuring relaxation and entertainment options year-round. The patio furniture is included, providing an effortless transition into outdoor living.
Additional recent improvements include a double driveway updated in 2022, a 2021 water heater, and a 2021 ice-cold A/C system for comfort in any season. For added peace of mind, the home features hurricane-impact garage doors, a storm-resistant front door, and shutters for each window, which may qualify for homeowner's insurance discounts.
This home stands as a testament to thoughtful modernization, offering both aesthetic appeal and practical upgrades that cater to contemporary living standards.
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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