50
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1 Cliffside Lane
About This Property
The gracious Entry Foyer features French doors opening to both the formal Living Room and Dining Room, creating an elegant layout ideal for entertaining. The heart of the home is the inviting Bonus Room with vaulted ceiling, skylight, and wood-burning fireplace, filling the space with natural light and warmth.
The updated, oversized Eat-In Kitchen offers granite countertops with ample workspace and an abundance of cabinets for storage, with a convenient door leading out to a large deck overlooking the flat, private backyard-perfect for relaxing or hosting outdoor gatherings.
Upstairs, the Primary Bedroom Suite includes a Walk-In Closet and an Ensuite Bath, while two additional Bedrooms share a full Hall Bath. The home is equipped with Dacon heating and air conditioning on both the first and second floors, along with four-zone heating for comfort and efficiency.
The lower level expands the living space with two bonus rooms, ideal for home offices, guest rooms, or flex space, a large laundry room, and a half bath, a picture window, overlooking the backyard and walk-out access to the patio and backyard plus an unfinished workshop area with utilities.
Additional highlights include:
• Attached two car garage
• On demand hot water
• Gutter shields for low maintenance living
• Siding and deck freshly painted within the past year
• Wood flooring
• Pull down stairs to access the attic with flooring for storage
• Close to Metro North Train and Highway for an easy commute
In addition, you are conveniently located within minutes to town to enjoy shopping and an abundance of restaurants. This home offers space, privacy, and versatility in a sought after setting-an exceptional opportunity to enjoy both classic style and everyday comfort.
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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 Westchester
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017