7625 6th Avenue #0
About This Property
Come see this private oasis on a coveted corner lot in Bay Ridge. This lovingly maintained home sits on a tree-lined street with other manicured homes in an area bursting with property pride. A lovely self-watering garden and tons of curb appeal, this home is close to parks and transportation. If you are looking for more space and yearn for that small-town feel right here in Brooklyn, look no further! The quiet and quaint back yard is enclosed and sits just behind this beautifully kept house leading around the corner to a spacious two-car garage. The home is currently configured as a one-family and works best as such. The parlor level has a gracious living room, open formal dining room, eat-in kitchen with powder room and a small porch off the kitchen for barbecuing. Three bedrooms and one bathroom upstairs with large windows throughout the home and abundant natural sunlight. The newly updated finished basement offers a flexible space that could be used as a den, a playroom, a gaming room or an in-law suite to name a few. Attached to this space is a large bedroom with spacious closets and a full bathroom with a laundry area for your convenience. Close to schools, shopping, dining, and the 77th Street subway station. City buses and Express buses to Manhattan also available, as well as easy access to the expressway.
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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