16 Maple Place
About This Property
This versatile two-family home with bonus living space offers comfort, convenience, and investment potential, all within minutes of downtown Ossining. Set on a large lot with ample off-street parking, it's an ideal choice for investors, extended living groups, or buyers seeking flexible living arrangements.
Each unit is bright and functional, with some modern updates already in place. The bonus living space adds extra versatility - perfect for a home office or recreational area. Whether you live in one unit and rent the other or use the entire property for expanded living, the layout offers plenty of options.
The location is hard to beat. Just steps from Ossining's vibrant downtown, you'll enjoy easy access to shops, restaurants, and local amenities. Commuters will appreciate the proximity to bus transportation, the Metro-North train, and Route 9A, making travel throughout Westchester and into New York City quick and convenient.
Ossining's charm is enhanced by scenic Hudson River views, parks, and a rich history. From waterfront strolls to local farmers markets, this community offers a balance of small-town atmosphere with urban access.
With its generous lot size, abundant parking, bonus space, and unbeatable location, this property presents both practicality and long-term value. Whether you're seeking an income-producing investment or a spacious home with room for everyone, this Ossining gem delivers.
Schedule your private tour today and explore the possibilities!
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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