15 Cragmere Road
About This Property
Step into the sun-drenched main level featuring a spacious, open-concept living and dining room perfect for both everyday living and entertaining. The exclusive kitchen is a true standout, showcasing granite countertops, an island, two sinks, tile flooring, and hardwood floors flowing throughout the main living spaces. For comfort and efficiency, there are separate split unit serving the living room, dining area, and kitchen.
The upper level includes a serene primary bedroom with an oversized walk-in closet and private full bath. Two additional generously sized bedrooms and a shared full bath provide plenty of room for family or guests.
The lower level extends your living space with a large family room and sliding doors that open to a beautiful walkout patio. You'll also find a fourth bedroom with a closet, a half bath, a laundry room with a slop sink, and a two-car garage with a private side entrance.
An expansive and very large deck, also enhanced with an expensive awning with walls, overlooks the lovely backyard, offering the perfect setting for gatherings or quiet relaxation. Don't miss this rare opportunity to own a spacious, beautifully designed home in a prime Suffern location close to parks, schools, shopping, and major commuter routes!
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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