18 Edgewood Terrace
About This Property
Continue your exploration to find two cozy bedrooms, each offering a peaceful sanctuary at day's end, complemented by a hall bath ready to rejuvenate and refresh. Journey upstairs to discover the master bedroom, a private oasis exuding comfort and tranquility. Nearby, a versatile office or den awaits, offering ample space for both work and relaxation. Additional storage options are found in the attic crawl space, ensuring your home remains organized and clutter-free. Outside, the fenced-in yard presents endless possibilities for outdoor enjoyment, from gardening to hosting gatherings. While this home may require some updates to fully realize its potential, the opportunity to craft your dream haven is unmistakable. Situated for a lifestyle that balances convenience with comfort, seize the chance to transform this space into a sanctuary perfectly tailored to your tastes. Beyond its walls, this property offers proximity to highways, shops, dining, and entertainment, enriching your living experience with a wealth of nearby amenities. Embrace the allure of this charming home and embark on a journey to create your own slice of paradise in Newburgh. Additional Information: HeatingFuel:Oil Above Ground,
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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