117 Crest Drive
About This Property
The main level features a contemporary living room with a fireplace, cathedral ceiling, and a picture window overlooking the neighborhood. A large formal dining room provides abundant space, ideal for family gatherings and holiday entertaining. The eat-in kitchen will delight any home chef, offering casual dining and morning light through a lovely bay window.
The primary bedroom includes an en-suite bathroom with a shower and ample closet space. Two additional bedrooms and a full hall bath complete this level.
The lower level offers a comfortable family room with a fireplace and direct access to the patio and yard-perfect for indoor-outdoor living. This level also includes an additional bedroom or home office, a full bath with laundry, and a utility area with abundant storage and access to the garage.
The lovely yard extends to landlocked village property, providing total privacy and a stunning wooded retreat. The Crest neighborhood is close to the Tarrytown Lakes and scenic trails and is just minutes from the village and Metro-North. The private TarryCrest Swim and Tennis Club is located within the neighborhood; applications are available, fees apply, and a waitlist is often in place.
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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