128 CATHERINE TOWERS Lane
About This Property
1,076 square feet of a/c space with a 3-car garage, full kitchen and eating area,living room and bedroom with full bath on 2nd floor. Sitting area on 1st floor with built-in washer & dryer area. Total gross area 7,513 square feet. *see private remarks* Main House -
High ceilings throughout. Tile floors are Travertine in Kitchen and Morning Room and Breakfast area. Office/Formal living has wood flooring. Great room has carpet. Formal dining has carpet.
Kitchen has Custom Cherry Cabinets, Thermidor Built in Convection oven, Thermidor Microwave, Thermidor cook top. Special pot filler water spigot right in the wall behind cook top. Cabinet Depth Fridge. Walk in pantry. In counter sink. Island. Pot Drawer cabinets.
Low E insulated glass.
Wood Burning fireplace
Security System not leased.
Built in Smoke Detectors
The two TVs that are wall mounted do not convey with the house, nor do the brackets supporting them, although the wiring is right there.
The pull down blinds and plantation shutters stay with the house.
The Fireplace is piped for gas. The Rinnai tankless hot water heater is served by the gas tank.
In the master bath, the tile is marble, there is a whirlpool tub, and there is a marble shower. Jumbo closets, trey
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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%.
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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