16 Midway Road
About This Property
As you enter the home, you will be greeted by a foyer that leads into the main living area. The living room features a large bay window that let in an abundance of natural light, creating a warm and inviting atmosphere. The separate dining room and eat in kitchen complete allows for ample space and at home privacy.
The home features three spacious bedrooms, including a convertible en suite with a walk-in closet in the primary bedroom and a vanity. The other two bedrooms are generous in size and bright natural light.
The outdoor space is equally impressive, with a beautifully landscaped yard and a large deck, perfect for summer barbecues or relaxing with a book. The home also includes a one garage and parking for at least two additional cars in your driveway. A full unfinished basement, providing plenty of storage space.
Located in the heart of White Plains, this home is just minutes away from shopping ( Nordstrom's, Neiman's, Whole Foods, Central Ave), dining ( City Limits, Buon Amici, Kalbi House) and too many entertainment options to mention ( Westchester County Center, Bowlero, hiking trails, City Center - Cinema Deluxe). Don't miss your chance to own this incredible property that sits in a community of single family homes that shares their neighborhood with the Metropolis Country Club and is within minutes of The Metro North White Plains Station to Grand Central Station. ( Purchaser is responsible for verifying all municipal taxes, etc.) Additional Information: Amenities:Dressing Area,Storage,ParkingFeatures:1 Car Attached,
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 6, 2023 | Relisted | $599,900 | |
| Relisted | |||
| May 29, 2023 | In contract | - | |
| In contract | |||
| May 22, 2023 | Relisted | $599,900 | |
| Relisted | |||
| May 18, 2023 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017