12 Old Oak Road
About This Property
The main level features an open-concept flow from the kitchen to the dining and living areas, highlighted by cathedral ceilings and an abundance of natural light-creating an inviting space for both everyday living and entertaining. The kitchen offers a sleek, contemporary look with upgraded appliances, generous cabinetry, a center island, as well as a separate butler's pantry. While a separate family room completes the first floor offering additional space to relax or entertain.
The upper level features a primary suite offering added privacy, along with a private en-suite bath and walk-in closet. Three additional well-sized bedrooms and a full hall bath complete the level, making it an ideal setup for guests, a home office, or everyday living.
Completing the home is a lower level that offers great flexibility, whether used as a playroom, media space, or the perfect spot to enjoy movie nights with friends.
With its modern aesthetic, functional layout, and move-in ready condition, this home is a great opportunity in one of Rye Brook's most sought-after neighborhoods.
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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