265 Shear Hill Road
About This Property
with two full baths,Eat in Kitchen,large Dining Area,Large Living Room with new fireplace insert all on Gleaming Hardwood Floors Enjoy the huge family room filled with windows to view outside scenery.New large bluestone patio to relax on those summer days.Updates include New Heating and Central Air, well pump,recessed lighting, fireplace insert. Lake rights to beautiful Lake Casse enjoy swimming,fishing boating and vacation all year round.This property is located on level corner 1.033 park like acre.Close to schools,shopping,park ways,metro north. Taxes without star savings of $1,290. A Must see Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,ParkingFeatures:2 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