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1413 Goshen Turnpike
About This Property
Enjoy the best of both convenience and location, with shopping, dining, entertainment, and everyday amenities just minutes away. The Galleria at Crystal Run, featuring more than 100 retailers including Target, Macy's, JCPenney, and DSW, is approximately 5–10 minutes away, while Walmart, grocery stores, restaurants, and additional shopping are also nearby.
For commuters and those looking to enjoy the Hudson Valley, the property offers easy access to major roadways and is approximately 70 miles from New York City, making Manhattan roughly a 90 minutes drive depending on traffic. Middletown's Metro-North/Port Jervis Line provides another option for traveling toward NYC.
A wonderful opportunity to enjoy the space and comfort of a four-bedroom home while remaining close to shopping, dining, transportation, and all that the Hudson Valley has to offer.
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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