9255 82ND WAY
About This Property
Welcome to this unique opportunity to transform a partially restored home into your dream residence! Nestled in a vibrant family neighborhood, this property offers a solid structure that has been thoughtfully reimagined after previous fire damage. With the heavy lifting already done, the groundwork is laid for you to add your personal touch and vision.
The home features a spacious layout with ample natural light, providing a perfect canvas for your creative ideas. Imagine crafting an inviting living space, modern kitchen, and cozy bedrooms tailored to your family's needs. The property is set in a desirable area with excellent schools, parks, and shopping just moments away, making it ideal for families seeking community and convenience.
This home is being sold as-is, presenting a rare chance for buyers to invest in a project with immense potential. Whether you're an experienced renovator or a first-time homeowner eager to make your mark, this property is ready for your finishing touches.
Don't miss out on this incredible opportunity to create the home of your dreams in a neighborhood that has it all! Schedule a viewing today and envision the possibilities!
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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