232 Merriewold Road
About This Property
Architectural Open Design...Brings The Outside In With All The Windows and Outdoor Spaces Expanding Your Living Experience ..Three Season Porch With Wood Stove And Amazing Views Of Your Private Wooded Wonderland....The Living Room Has A Stone Fireplace..Gourmet Kitchen With Walk In Pantry.. Expansive MudRoom .. Your Catch All For Fishing Rods..Skis..Sleds And Ice Skates..Private Guest Suite With Bathroom..A Private Wing With Three Bedrooms..Full Bathroom.. And Laundry Room..The Primary Suite Has A Fireplace..Secluded Deck.. Walk In Closet and Custom Double Shower..Your Exclusive Hideaway..To Take A Breath And Let Your Shoulders Drop.. The Garage Has A Full Finished Staircase To An Unfinished Attic Area With Great Potential..Whole House Generator..Bamboo Flooring..Forced Air Heat..Air Conditioning And All The Upgrades You Desire...Once Experienced...You Will Fall In Love With The Area..And All Of The History ...You Will Never Want To Leave.. Perhaps You'll Catch A Glimpse Of A Gnome.. Conveniently Located Around The Corner From The Forestburgh General ..Forage Pizza And The Forestburgh Theater..Easy Drive To Port Jervis/Mattamoris For The Train And Shopping.. Additional Information: Amenities:Storage,Tennis,ParkingFeatures:2 Car Attached,
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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