819 Plaza Serena
About This Property
The updated kitchen features white cabinetry, decorative backsplash, and an oversized eat-at peninsula. The primary suite includes crown molding, a bay window overlooking the backyard, and a ceiling fan. Secondary bedrooms offer recessed lighting, ceiling fans, and mirrored closet doors.
A standout feature is the 600 SF permitted detached 2-car garage with permitted electrical and plumbing, offering excellent potential for ADU conversion, guest quarters, home office, or future rental opportunity, subject to applicable requirements.
Enjoy a private backyard, long driveway, covered carport, and mature fruit-producing plants including lemon, lime, and loquat trees.
A wonderful opportunity to own a move-in-ready home with abundant parking, a spacious lot, and exciting potential for future expansion.
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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