117 Lexow Avenue
About This Property
The home is an easy walk to the many area parks, the Hudson River, the Upper Nyack tennis court, Boat & Field Clubs/marinas; there's much biking, golf close by, and the many shops and restaurants of Nyack and even Piermont to enjoy.
Architectural features include open interiors with walls of glass that bring the property's beautiful gardens and mature landscape inside the home. There are 3 fireplaces, hardwood floors, vaulted ceilings and a huge lower level, walk out basement with full windows and glass door, and a half bath, that offer much possibilities for future living, studio or storage space. There is also a detached, oversized 2-car garage, with a covered veranda attached to one side overlooking the pool.
Mid-century designed homes offer a holistic approach to living. The amount of open space and multi-functional rooms gives one much space to breath, dream and create. Much interior light feels optimistic. The many closets, cabinetry and shelving, allows for hiding or displaying our "things". The style invokes a positive feeling.
The home's kitchen and bathrooms are awesome with great period style too. Its large kitchen with Aga stove, Corian counters, much open workspace, big island, adjoins a covered deck with infrared heating/lighting for use during the cooler weather, and overlooks the pool and gardens. The kitchen is open to the great room with fireplace too.
Bathrooms were gutted and enlarged and feature glass tiles, a steam shower, whirlpool tub and bidet. Highly styled.
There is an additional living room with fireplace that overlooks the pool, and an entry room/den, with fireplace too.
This is a wow house!
In the late 19th and early 20th century, the property was part of a vineyard and apple and peach orchard run by the Green family. The street is named after the Lexow family, who lived in Nyack, and were attorneys/politicians iinfluential in the creation of greater New York City and the five boroughs.
Metro North is only a 15 min away. There are many options to get to NYC.
Nothing compares to Green's Orchard! Additional Information: Amenities:Steam Shower,Storage,ParkingFeatures:2 Car Detached,
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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