221 Edge Road
About This Property
This European country style home welcomes you with a private shade covered pergola, herb garden and wood fired hot tub as you enter French doors into a cozy and welcoming living area with custom woodwork, large wood stove and a chefs kitchen. Enjoy your harvest with families and friends in this well cared for home, with updated appliances and energy efficient equipment.
Enjoy: Fig, Peach, apple, Kiwi, blackberry, black raspberry, gooseberry, blue berry, choke cherry, chestnut trees. 27 Established planting beds.Wood fired hot tub. 2023 Solar panels offer 80% offset of electrical. EV charger in garage. 2019 roof. Upgraded HVAC with central dehumidification. Spray foam insulation. Zero turn ride mower. Cooks kitchen with 2 sinks. Propane lines exist if gas stove wanted. Pergola on deck offers outdoor living space with shade cover.
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Cap Rate Calculator
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