23 Govan Drive
About This Property
The house includes a modern full shower bath and ample closet space for storage needs. The bright living room faces east, allowing for optimal sunlight throughout the day. There is also a formal dining room, perfect for hosting and entertaining guests. The entire house has been freshly painted, giving it a fresh and inviting look.
One of the notable features of the house is the brand new slider that opens up to a huge deck, providing a great space for summer barbecues and outdoor activities. The kitchen is light and offers an eat-in area for casual dining. The windows have been updated throughout the house, contributing to energy efficiency and a modern aesthetic.
The house is equipped with central air conditioning, ensuring comfort during hot summer months. The exterior features vinyl siding, which is low-maintenance and adds to the overall appeal of the property. The property also benefits from very low taxes, making it an attractive option for prospective buyers.
The location of the house is convenient, with proximity to state and local parks. It is also just a few minutes away from the majestic Hudson River, offering opportunities for outdoor recreation and scenic views. The addition of new attic stairs provides easy access to the attic space for storage purposes.
The house sits on a level rear yard and includes a large shed for additional storage needs. Overall, this lovely and spacious Ranch-style house in Stony Point, NY offers a comfortable and inviting living space with modern updates and attractive features.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Mar 15, 2024 | In contract | - | |
| In contract | |||
| Feb 28, 2024 | In contract | - | |
| In contract | |||
| Feb 18, 2024 | In contract | - | |
| In contract | |||
| Feb 16, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
Property Highlights
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About Stony Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017