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17 Richard Drive
About This Property
The home features three spacious bedrooms, two fully renovated bathrooms, and tons of storage-a rare bonus in a ranch-style layout. Full basement with high ceilings that has a ton of possibilities. Located just minutes from shopping, dining, parks, and top-rated Clarkstown schools, this home combines tranquility, comfort, and convenience. Don't miss the chance to own this move-in-ready gem in one of Rockland County's most sought-after communities!
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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