809 State Street
About This Property
This charming home is full of natural light and fresh updates throughout. Step onto the fantastic front porch and inside to find all-new windows, new flooring, and a spacious layout designed for comfortable living. The large, updated bathroom and generous laundry/mudroom add convenience, while the kitchen shines with brand-new cabinets, countertops, and stainless-steel appliances. With a roomy dining area, family room, and living room, there's plenty of space for entertaining. Enjoy the brand-new back deck, perfect for grilling, and a large, fenced-in yard for privacy and outdoor fun. Additional recent upgrades include newer plumbing, water heater, and furnace. Just pack your bags, this home is ready for you! ALL MEASUREMENTS ARE +/-. BUYER/BUYERS AGENT TO VERIFY ANY/ALL PROPERTY/LISTING INFORMATION.
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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