17 Scenic Drive
About This Property
Welcome to this beautiful four bedroom, three bathroom ranch in Spackenkill School District, Hagan subdivision. Upon arrival you will notice charming landscaping and the newly fenced in backyard; the privacy of the backyard is the perfect place for entertaining, featuring a spacious patio, hot tub, pergola and impressive outdoor grill with built in refrigerator. As you enter the front doors you will immediately feel the warmth and love that was poured into the home with brand new cherry hard wood floors, a cozy sunken living room with fireplace, updated kitchen with subzero refrigerator. So many updates have been made thorough this wonderful home including, updated hallway bathroom, new vanity in the primary suite, new siding, new thermal windows and window treatments. This home is situated in the most perfect location on a quiet street yet close to all Dutchess County has to offer; to shopping, school, medical center, recreational parks and more. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 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.
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About Spackenkill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017