7193 OHIO AVE
About This Property
This charming rambler-style home offers the convenience and ease of main-level living.The kitchen boasts granite countertops, a stylish tile backsplash, and premium
stainless-steel appliances for a clean, contemporary feel. Just off the living room you'll find the primary bedroom with an ensuite bathroom, a second shared bathroom plus two additional bedrooms that can serve as a kid's room, office or guest space. The fully finished lower level expands your living space with a versatile rec room, a fourth bedroom, a full bathroom, and a laundry room with a walkout. Recent updates include a new AC/heat pump installed in 2018, newly refinished hardwood floors on the
main level, new carpeting in the basement, and fresh interior paint throughout ensuring a true move-in-ready opportunity.
If you take a step out back, you'll find over half an acre of fully fenced backyard with a
six-foot privacy fence providing the perfect setting for outdoor
gatherings around the firepit, peaceful relaxation, or BBQs on the recently
renovated deck. Additionally, you will find a detached two-car garage equipped
with a 220V outlet and upper level attic with built-in stairs for additional space and
storage. Don't miss the chance to make this house your next home!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017