10 Gregory Lane
About This Property
The foyer leads to an open floor large multifunctional space: eat-in kitchen, equipped with stainless steel appliances, with oversized island, breakfast alcove with french doors leading to the outside patio, and an open family room with wood burning fireplace. On the first level, there are also formal dining and living rooms and a spacious bedroom with an en-suite bath and walk-in closet. Upstairs, there are oversized primary bedroom, complete with an en-suite bathroom, and walk-in closet; two more bedrooms, a full bath, and a spacious office/den with closets. There is also a laundry room on the second floor.
This home underwent significant renovations in 2012, including an addition that expanded the kitchen and living areas, new primary bed and office/den space. Millwood is a hamlet of town of New Castle and has Chappaqua train station and Chappaqua school district. STAR reduction if eligible is $1715. Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
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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