37
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108 River Road
About This Property
The Design is three levels of light-filled living space, featuring floor-to-ceiling walls of glass that frame panoramic river views. The Layout is three spacious bedrooms and three and one-half designer baths, including a walk-out lower level that leads directly to a professionally landscaped yard offering much privacy.
This waterfront property is situated safely above the water level, and the property boasts a rare, private, rocky and sandy beachfront-once the starting line for 19th-century ice sailing races! Its location is just 35 minutes from NYC, yet worlds away. Enjoy a scenic walk to the vibrant shops and dining of both Piermont and Nyack. Nothing Compares to waterfront living!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017