181 Penaluna Road
About This Property
Step inside to discover a bright and spacious interior featuring a grand central staircase, and an open, airy layout designed for comfortable living and entertaining. The expansive eat-in kitchen showcases granite countertops, stainless steel appliances, hardwood flooring, and abundant space for gathering with family and friends. A large great room provides the perfect setting for hosting guests, while the cozy living room and formal dining room add warmth and charm throughout the home.
Offering four nice sized bedrooms with ceiling fans, multiple bathrooms, and generous living spaces, this home is designed to accommodate a variety of lifestyles. Outside, the lush lawn and serene wooded backdrop create a true country paradise with endless opportunities to enjoy nature and privacy.
Ideally located near major commuter routes including Route 17, the NYS Thruway, and nearby train service, this exceptional property is also close to outdoor destinations such as the Heritage and Appalachian Trails, Harriman State Park, and Greenwood Lake. A rare opportunity to own a private Warwick retreat with space, beauty, and convenience all in one remarkable property.
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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