176 Broadway
About This Property
The home offers approximately 1,456 square feet with 3 bedrooms, 1.5 baths, hardwood floors, a formal dining room and a spacious living room. The kitchen provides generous workspace and room for casual dining, while the full, partially finished walk-out basement adds flexible living space, a laundry area and half bath. A level corner lot, deck, patio, driveway and detached garage complete the property.
For buyers searching for a home in Verplanck, Westchester County or the Hudson Valley near the Hudson River, this location offers something increasingly hard to find: a neighborhood setting with the river and waterfront recreation close by.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017