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17 Leatherstocking Lane
About This Property
The main level offers an inviting layout with a spacious living room featuring a beautiful wood-burning fireplace, an elegant formal dining room with wainscoting, and a dine-in kitchen with granite counters and easy access to a large deck and yard, ideal for everyday living and entertaining. A generously sized primary suite with an ensuite bath, two additional bedrooms, a hall bath, and a flexible office/possible 4th bedroom complete this floor.
The walkout lower level includes a large family room opening to a bluestone patio and yard, a powder room, laundry room, a versatile room perfect for an office or gym, and an attached 2-car garage equipped with an EV charger outlet.
The unfinished second floor presents an exciting opportunity for future expansion of approximately 2,133 additional square ft (not included in the total square footage), allowing you to tailor the home to your needs. Don't miss the chance to make 17 Leatherstocking your own.
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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 Westchester
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$7,800 /mo
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$10,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017