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73 Bismark Avenue
About This Property
At an impressive 1,591 square feet, this home offers a generously sized living room and dining room, complemented by a sizable kitchen featuring a charming breakfast nook. The allure of this home extends to its fully finished basement, complete with an outside entrance, providing versatile space to suit your lifestyle needs. The full finished attic, ideal as a play area or office, adds to the home's abundant offerings.
Outside, the property boasts a substantial lot size of 5,000 square feet, with a long driveway accommodating up to five cars, ensuring convenience for guests and family alike. Situated in a prime location, this residence is in close proximity to major highways, LIRR, shopping districts, and the vibrant downtown Valley Stream. Discover unparalleled comfort and sophistication with the added benefit of VERY LOW TAXES, enhancing the appeal and value of this splendid 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