18 Steiner Drive
About This Property
The Sun-Drenched Living Room FEATURES a Bay Window OVERLOOKING your Expansive Front Yard. Turn around and the Room FLOWS into the Dining Room, and Kitchen. Just a few steps away is your Laundry Room and sliding glass Doors to a Deck and Patio. There is an Enclosed Sunroom that can be USED as a Family Room. There is a full bath on this level, along with some of the bedrooms.
The Primary Ensuite Bedroom OFFERS a Private Bath, an Oversized Closet, and Freshly Sanded Wood Floors. USE the Flex Room with a Powder Room on this Level as a TV Lounge, Exercise Area, or Home Office-your choice! Step down to the Lower Level, where you'll FIND a large Playroom with NEW Carpet, another full Bathroom, and a Wet Bar with a Brand-New Fridge. There is a Door with direct access to the Driveway, where you will FIND a detached 2-Car Garage in addition to the one-Car Attached Garage.
ENJOY the Privacy of this tree-lined, Park-Like Property, with Expansive Outdoor Space, a Relaxing Deck and Patio, and a Backyard IDEAL for a Pool and ENTERTAINING Friends. Conveniently LOCATED near the Taconic State Parkway. Taxes do not REFLECT the STAR Rebate of $884.
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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