118 Overlook Drive
About This Property
Enjoy the ease of one-level living in this well-maintained 3-bedroom, 1.5-bath home located in the heart of Putnam County and within the Mahopac School District. The home is filled with tons of natural light, features beautiful hardwood floors throughout, and boasts an immaculate retro kitchen full of charm and character. A bright and airy sunroom offers the perfect spot to relax year-round.
The home sits on a spacious, level lot with a backyard ideal for entertaining, complete with an above-ground pool for summer enjoyment. Conveniently located near metro north train station, local stores, dining, and amenities, it offers both comfort and convenience.
Don't miss this opportunity to own a piece of Mahopac charm-perfect for anyone seeking a peaceful, easy-living retreat close to town.
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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