34
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20 The Boulevard
About This Property
Set on a lush and expansive 0.71 acre lot (approx. 30,928 sq ft), the home captivates with its classic shingle siding, rich architectural details, and a warm inviting fireplace that sets the tone in the main living area. With 3 full floors of sunlit living space, the layout provides the perfect balance of function and flexibility, whether you're entertaining, working remotely, or enjoying peaceful everyday living. The layout features two separate staircases, a grand main staircase and a back staircase with its own private entrance, offering added flexibility and privacy. A versatile full basement with two egress points and interior stair access provides additional space for a gym, media room, recreation area, or storage. A detached two car garage includes a spacious loft above, ideal for a studio, office, or extra storage. This rare opportunity combines classic elegance, generous space, and a prime location in a protected Historic District making it a true gem in New Rochelle's architectural landscape.
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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