225 Union Avenue
About This Property
Superbly sized & classically appealing this European style Mediterranean residence offers a Ludowici tile roof, majestic stucco clad facade and 7000 square feet of understated elegance and warmth .On an acre and half of flat and private property there is a guest house(1450 sq.ft) and pool.The pictures show the house when it was completely furnished. The master bedroom suite has huge walk in closets & spa like bathroom. There are 4 additional bedrooms & 5 full bathrooms, as well as2 half bathrooms. The lower level has 400 square feet. 3 car attached. House and property is in short sale, please show to qualified buyers and make offers. Priced to move ! Additional Information: Amenities:Guest Quarters,HeatingFuel:Oil Below Ground,ParkingFeatures:3 Car Attached,
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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%.
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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.
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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