50
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1311 Route 44/55
About This Property
The main home offers convenient living with a first-floor primary bedroom, cozy fireplace, sunroom, dedicated office space, and a fenced yard for outdoor enjoyment. The flexible layout provides room to adapt to your needs.
The separate cottage includes two bedrooms, one full bath, a laundry room, and an additional flex space above with its own separate entrance ideal for a home office, studio, guest space, or other possibilities. With distinct living spaces and privacy between the homes, this unique property offers room to live, work, host, or invest in a convenient Route 44/55 location near New Paltz, Highland, and Hudson Valley amenities.
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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