22 Thompson Drive
About This Property
Inside, life tends to gather where it naturally should. Mornings begin in the kitchen, granite counters, stainless appliances, and a large window over the sink that lets the light in before anyone is fully awake. Breakfast drifts into the dining area, then into the rest of the day, with the house opening easily from one space to the next. Someone is always near the brick fireplace when the weather cools, stretched out in the living room with its exposed beam detail, a game on, dinner going, conversation moving between the living room and family room without anyone feeling cut off from it.
Two full living spaces give everyone room to spread out or disappear for a while. Main-level laundry means one less trip up the stairs. Hardwood floors run through the main living areas and into the bedrooms. The backyard becomes its own second setting, fenced and open enough to actually use, the kind of space that invites dogs, chairs dragged into the grass, and dinners that start on the elevated rear deck and linger longer than planned.
In summer, the deck does a lot of the living. Doors open, dinner moves outside, and the evenings stretch under the trees. Fall is even better, the yard framed by mature landscaping and the house warm when you come back in. Winter pulls everyone toward the fire, and the rooms seem made for it. Then spring arrives and everything opens again, the lawn waking up, the whole property reminding you what half an acre actually gives you.
When you want to leave the quiet for a while, Washingtonville is right there. The village has been here since 1809, named for Washington himself, and Brotherhood Winery, founded in 1839, is just down the road. Route 94 and 208 are close by, I-87 is a few minutes east, and the Metro-North station at Salisbury Mills is about seven minutes away. But this is the kind of home that makes heading back the best part of the day.
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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