2 Rittenhouse Road
About This Property
.62 acres of beautifully planted fenced grounds. Situated on a street adjoining the Siwanoy Country Club, it is served by William E. Cottle School in the Tuckahoe School District, and is only 35 minutes to mid-town Manhattan. The custom designed Colonial, which is freshly painted and in move-in condition, features hardwood floors, a slate roof, newly renovated kitchen, formal dining room, living room with stone fireplace & picture windows, and updated baths. The first floor has a 2-car garage, laundry/mud room, kitchen, LR & DR, Master Bedroom and two additional bedrooms with 3 1/2 baths, permitting one floor living. The second floor has two large bedrooms, an oversized bath, 2 walk-in closets and abundant storage. The 1,300 sq. ft. unfinished basement has a half-bath. Included are the back-up generator and security and sprinkler systems. Additional Information: Amenities:Storage,ParkingFeatures:2 Car Attached,
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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