142 Gerard Road
About This Property
Down the hallway, you'll find a primary bedroom with ensuite bath, along with two additional guest bedrooms and a full bath, offering comfortable accommodations.
The lower level opens the door to endless possibilities. With a finished space that can easily be customized for extended living, a home office, recreation area, or guest suite (with proper permits), plus an unfinished section with laundry and storage, the flexibility here is a true bonus.
Step outside to a generous backyard ready for your personal vision-ideal for outdoor entertaining, gardening, or creating the backyard retreat you've always imagined.
Located in a desirable neighborhood close to major highways, this home offers the perfect balance of convenience and peaceful suburban living. A wonderful opportunity to create the home of your dreams!
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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