9322 Pike Way
About This Property
The three bedrooms upstairs have brand new plush carpeting and plenty of closet space. The primary bedroom features a private en-suite bathroom with a walk-in shower, soaking tub and dual vanities, providing a relaxing retreat after a long day. The finished basement adds additional square footage with additional bedroom and bathroom. As well as a rec room and wet bar. Step outside to the lovely backyard, where you'll find a large patio and plenty of space for outdoor activities. The backyard is fully fenced and backs to Sarah George Park which features: playground, ball field and picnic tables. Located in a desirable neighborhood, this home is just minutes from top-rated schools, popular food and drink destinations like Freedom Street Social and Resolute Brewing, and several beautiful parks. Two Rec Centers have swimming pools, fitness centers and event rental space available. Don't miss your chance to own this beautiful home - schedule a showing today and make it yours!
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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