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190 Douglas Place
About This Property
The home features 5 bedrooms with 4 bedrooms on the second floor, and a private au pair above the attached garage, with a separate entrance, full bath, and access to the kitchen. The primary bedroom is approximately 21' x 14' with a Carrara marble en-suite bathroom.
The home features Andersen and Marvin custom wood windows throughout. An updated kitchen with Thermador and Sub-Zero appliances. The full walkout basement includes media/playroom, workshop, and laundry. The third-floor space has heat, AC, oak flooring, custom cabinetry, skylights and used as an artist space. Staircases have double landings providing easy flow throughout the home. The two-car garage features an epoxy floor and custom wood door, plus the large driveway accommodates another four vehicles.
A 29 x 12 foot deck accessed from the main level provides great outdoor entertainment space, beautiful views of the exceptionally landscaped property and rare privileged access to Hunt's Woods Park - a benefit enjoyed by only a select number of homes. Location is under a mile from Bronxville and walkable to two Metro North Train stations with a peak commute time of around 30 minutes to Grand Central Terminal.
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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%.
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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.
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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