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15 Waring Road
About This Property
The heart of the home is the stunning new kitchen, featuring sleek cabinetry and a suite of brand-new stainless steel appliances. The main level boasts gorgeous, freshly sanded hardwood floors that flow through the living spaces and into the comfortable first-floor bedrooms. Both full bathrooms have been tastefully updated to provide a clean, contemporary feel.
Additional highlights include:
Outdoor Living: Enjoy morning coffee or evening breezes on the open back porch overlooking your expansive property.
Spacious Lot: Situated on over 0.5 acres, the deep, level lot offers endless possibilities for gardening, play, or future expansion.
Parking & Storage: A detached one-car garage and an extra-long driveway provide ample parking for five or more vehicles.
Bonus Space: The full walk-out basement offers excellent storage or potential for future finishing.
Located in the Town of Newburgh within the Newburgh School District, this move-in-ready gem offers the perfect blend of privacy and convenience.
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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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About Gardnertown
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$1,975 /mo
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$2,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017