1036 Tompkins Drive
About This Property
Adorned with a lakeside deck and screened-in porch, this home offers seamless indoor-outdoor living, perfect for embracing breathtaking sunrises, sunsets, and serene waters. The partially finished walkout basement provides versatility and ample room for relaxing, or entertaining additional guests, and is complemented by a concrete patio.
A sprawling, shaded yard embraces a firepit area, creating an inviting ambiance for gatherings, while the natural break-wall shoreline unveils a firm, sandy bottom swim area-an idyllic oasis for water enthusiasts. Indulge in the pleasures of lakeside living, where each day presents an opportunity for leisure and rejuvenation amidst the calming beautiful waters and scenic vistas of Silver Lake, which has no public access which adds to the serenity, as does the fact that Tompkins Drive is a paved, dead end road so not much street traffic either. This truly is the Irish Hill's hidden gem. This residence epitomizes comfort, style, and the allure of waterfront living at its finest. Arrange for your private showing today!
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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