1281 Route 82
About This Property
en-suite bath. Enjoy the convenience of main-level laundry, making everyday living a breeze. The fully finished walk-out basement is a standout feature, boasting high-end finishes, a cozy gas fireplace, kitchenette, a beautifully finished full bath, and even a potential 4th bedroom or office space. Kids will love the whimsical clubhouse under the stairs-perfect for play or storage! Step outside to enjoy the beautifully cleared lot accented by stunning natural boulders, a cement patio for outdoor entertaining, and a classic rocking chair front porch where you can relax and unwind. Plus, owned solar panels mean energy savings are yours to keep!
Bonus: Architectural plans are available for a future garage and home addition, offering an exciting opportunity to expand and customize this already exceptional home to fit your needs. This home truly has it all-privacy, style, space, sustainability, and potential. Don't miss your chance to make it yours!
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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