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Map
84 Beechwood Avenue
About This Property
Step inside to discover hardwood floors flowing throughout the large, sun drenched rooms. The home boasts an abundance of natural light, creating an inviting atmosphere. The layout includes 4 well-appointed bedrooms and 2 full bathrooms, offering ample space for guests or even a home office.
There is an updated kitchen with access to the back porch. The dining area overlooks a very large living room with a wall of windows, french doors, and complete with one of the two fireplaces, providing an ideal setting for gatherings or quiet evenings in.
This property creates an opportunity for a versatile in-law setup in the lower level. There you'll find a second brick fireplace, additional recreational space, laundry room, large storage area, and an entrance from the attached garage.
Located in a great commuter location, this home is an attractive investment for those seeking the ease of travel without sacrificing the tranquility of suburban life.
A few fixings and updates needed to have this home tick all the boxes for a comfortable and lucrative lifestyle.
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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