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24 Grassi Lane
About This Property
Upstairs are three bedrooms and a full bath, with a landing spacious enough to serve as a home office. The level property offers room for gardens, play, or gatherings, and has space for a pool if desired. A detached garage fits two cars, with a third bay for storage, a workshop, or small projects. The exterior of the house and garage have recently been painted.
From here, it's a short walk to the train, local schools, and the shops of Cold Spring's historic village. Quiet and private, the home balances convenience with the beauty and ease of Hudson Valley living.
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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