11985 3rd Street
About This Property
One of the standout spaces is the sunroom-filled with natural light and ideal for relaxing, working from home, or simply enjoying peaceful views of the property year-round. With five bedrooms and two full bathrooms, there's room for everyone to spread out comfortably.
Outside, the backyard patio is ready for entertaining, while the acreage offers endless possibilities for play, gardening, or simply enjoying the outdoors. Located close to the Jerome boat access and river, and surrounded by conservation land, this property is a dream for families who love fishing, hunting, camping, or exploring nature. If you've been searching for space, character, and a true outdoor lifestyle, this home delivers. Schedule your private showing today and experience it for yourself!
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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