742 Halstead Avenue
About This Property
open layout for today's lifestyle including a gourmet dine-in kitchen with a center island and custom cabinetry. The kitchen opens to a formal dining room which flows into a spacious living room with wood-burning fireplace. A spacious family room and powder room round
out the first floor. The second floor has a primary bedroom suite with a custom-designed walk-in closet and marble bath. There are two
additional bedrooms and a renovated hall bath, and a large walk-up attic. Entertain and play on the level, fully fenced yard. Amenities
include custom window treatments, dual-zone central air conditioning, new windows and roof 2012. A ten-minute walk brings you to the
Metro-North Station and a 30-minute train ride into Manhattan. Move in before the school year begins and enjoy the best of downtown living!
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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