8491 Benton St
About This Property
The home's exterior has been given a fresh, vibrant look with new paint, including a refreshed brick facade, complemented by charming new window shutters and an inviting, updated front door. Step inside to find a bright, welcoming interior with fresh paint, creating a clean and contemporary atmosphere. The living room, dining room, kitchen, and hallway feature durable and stylish luxury vinyl tile (LVT) flooring, while upgraded lighting fixtures offer a warm and modern ambiance.
The kitchen has undergone a stunning transformation with freshly painted cabinets, newer countertops, and sleek stainless steel appliances, making it functional and beautiful. The upper-level hallway bath has been fully renovated to match the home's contemporary aesthetic. Downstairs, the finished basement offers plush new carpeting, perfect for a cozy room or additional living space, and the second full bath continues the theme of modern upgrades.
Every detail has been carefully considered, right down to the new door hardware throughout the home, adding a touch of sophistication and style to this fully updated, move-in-ready property.
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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