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688 BRUNSON Street
About This Property
Inside, this larger home you will find a split-bedroom layout featuring a living room with extra-tall ceilings and a fireplace. There's both a dedicated dining area and a breakfast nook and bedrooms two and three share a private bath, leaving a separate half-bath for guests. The master suite comes complete with a walk-in closet, an en-suite bath (double vanities, garden tub, and separate shower), and direct access to the screened-in patio. Because the home is missing appliances and needs some minor repairs, it may not qualify for traditional financing, but it may qualify for Vendee seller financing. This is a solid property with tons of potential--definitely a must-see to appreciate. Call today!
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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