840 Ursula St
About This Property
This property features three spacious bedrooms and two full bathrooms, providing ample space for guests.
The living areas of this property is open and inviting, with an open floor plan that makes it easy for guests to relax and socialize. The living room is furnished with comfortable seating, a large TV, and plenty of natural light. The dining area is adjacent to the living room and can comfortably seat guests.
The fully-equipped kitchen is perfect for anyone who enjoy cooking and features all the modern appliances and tools needed to prepare a gourmet meal. The kitchen also has a breakfast bar with seating for two, making it easy for to you to quick bite before heading out for the day.
Whether you are looking for your first home or an investment you will love this home that has excellent rental income potential and prime location which is an ideal investment opportunity for those looking to enter the short-term rental market.
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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