7 CENTRE AVENUE
About This Property
Beautifully renovated rancher on quiet street. Property features 2 nice size bedrooms and full bath on main level, along with Primary Bedroom with private bath. Bathrooms come complete with custom tile work and upgraded vanities with stone countertops. LVP flooring throughout the entire main level. This open concept floorpan is perfect for entertaining and hosting gatherings! Beautiful kitchen features ample, white, soft-close cabinets, sparkling quartz counter tops and stainless steel appliances. In the rear of the house you'll find an enclosed porch/bonus room; perfect for a "man cave", craft room or storage. The lower level can be used as a 4th bedroom or an additional living space. The spacious, flat backyard is fully fenced. Shed is sold as-is. Home is close to major highways, Port of Baltimore, shopping and amenities. Priced to sell and won't last long! Call for a showing! ***Staging items not included
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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