94 N Charles Street
About This Property
The kitchen, with a limestone topped island, boasts top of the line appliances: Subzero refrigerator, Wolf 6-burner range with pot filler. Custom wormy oak cabinets and doors are found throughout the home matching the stained oak flooring on second level. Opening to the courtyard, the living room with fireplace, graceful arches and French doors creates a welcoming gathering space.
The first floor Master suite frames the courtyard and overlooks the pool. The Master bath offers a relaxing haven with an arched grotto inspired soaking tub, skylight, Mexican Beach Pebble tiled shower floor and double vessel sink vanity.
Two spacious bedrooms, each with private baths, children's flex space and rooftop terrace perfect for starry evenings complete the second floor. Built to "Fortified...For safer living" standards. Home is being sold furnished and has rental linens and kitchen package already in place. Two assigned spaces in parking court.
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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