1562 Centre Road
About This Property
As you enter the home, you'll be impressed by the inviting family room, highlighted by a freestanding gas stove that serves as a warm and cozy focal point. The eat-in kitchen offers, a stylish tile backsplash, and rich wood cabinetry, along with a gas stove and a generously sized pantry for all your storage needs.
The main level also features an updated full bathroom with a beautifully tiled shower, along with a conveniently located washer and dryer, all situated near three generously sized bedrooms.
The finished basement provides additional living space, featuring a full laundry room or utility room with ample storage, a half bathroom, and room for future expansion. Ideally located near the Taconic State Parkway, this home is just a short drive to the shops, dining, and charm of the Village of Rhinebeck. With low taxes and a prime location, this is an opportunity you won't want to miss!
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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