15 Smith Road
About This Property
Just off the kitchen is direct access via sliding glass doors to the back deck overlooking a stunning backyard oasis. The in-ground pool is surrounded by stamped concrete and privacy fencing and is the perfect location for summer gatherings. This expansive property also features a fire pit, a storage shed, and plenty of room to relax or play. Additional highlights include a two-car garage, a central air conditioning system, and close proximity to major shops, restaurants and the Taconic State Parkway, making it a commuter's dream.Don't miss your chance to own this incredible home that combines functionality, entertainment, and privacy. Schedule your showing today!
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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