20 UNGAVA Drive
About This Property
Welcome to this spacious 5-bedroom, 3-bath Colonial set on a generous .78-acre property in desirable New City, within the highly regarded Clarkstown Central School District. Offering a wonderful combination of space, comfort, and convenience, this home provides plenty of room for everyday living, entertaining, and working from home. The kitchen is spacious with updates -Spacious cabinets/tile backsplash and center island-cabinets and shelving inclusion.Stainless steel refrig/stove/oven/microwave and dishwasher. Tile Flooring/Harwood floors throughout the first and second floors. Oversized Dining Room.Living Room and Family Room.Grand Foyer entry -double closets. Grand Stairs to 2nd floor. Crown moldings throughout home.The expansive property offers ample outdoor space/patio/screen area to side of house and backyard. Tile flooring. Sewers/Muni water.
To enjoy, relax, and create your own private retreat. Ideally located near Ungava Park, the home is also conveniently situated close to major highways and public transportation, making commuting a breeze. Enjoy easy access to local shopping, dining, parks, and all that New City has to offer. A wonderful opportunity to enjoy suburban living with space to spread out and convenience at your doorstep! Water well for sprinkler system.2 Storage access-Attic and Garage Upper Access Storage.
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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