882 W 4TH Street
About This Property
Step inside to 9' ceilings, smooth walls, spacious living & kitchen area, wood-look ceramic tile flooring, blinds for privacy, soft-close cabinetry, quartz countertops, Energy Star stainless steel appliances & stunning tile backsplash.
The primary suite features a private tiled bathroom with a sleek zero entry shower & walk-in closet, all accessible through a pocket door for maximized space. The second and third bedrooms share a hall bath with shower-tub combo, also featuring beautiful tile work.
This home includes a dedicated laundry room, a large fully fenced yard, 2x6 frame construction + ZIP Sheathing system, metal roof, Hardie siding on the entire home, and paver driveway. City water/sewer! Full builder warranty through 2-10 provided & termite bond transferred at closing!
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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.
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017