7316 Patio ROW
About This Property
The easily manageable yard means less work and more time to enjoy your domain. As an open-air extension of the home, the brick patio is an ideal platform for outdoor furniture sets and the conviviality that naturally follows. The property site also includes a private courtyard with outdoor shower.
Inside, the home offers a wealth of remarkable advantages. The atmosphere is suffused with generous natural light. Your interior design preferences will find an expansive blank slate in the sun-washed open floor plan. Vaulted ceilings add comfortable airflow and a sense of spaciousness. The kitchen features inspiring counter space and major appliances in an attractive layout. The main-floor master bedroom is both an inviting refuge for winding down at night, and the springboard to begin tomorrow anew. In addition to the convenience of the private bathroom, you will find plenty of closet space and nice touches.
A really remarkable find. Don't let this be the one that got away!
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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