3 Cromwell Drive
About This Property
This home features beautiful hardwood floors hidden beneath the carpet, ready to be uncovered. The main level boasts a bright and inviting living room centered around a charming brick-faced fireplace perfect for cozy evenings. Adjacent to the living room is an eat-in kitchen that flows into the formal dining room.
Just off the dining room you will find the family room with vaulted ceilings, a skylight and a sliding glass door leading to a deck overlooking the private backyard.
Completing the main level, there is a full bathroom and three generously sized bedrooms, each with ample closet space.
Downstairs, you will find a large second living room with a wood-burning stove, a spacious fourth bedroom, a half bath combined with the laundry area and access to a two-car garage.
This home is served by municipal water and sewer, and is conveniently located just minutes to Taconic State Parkway, shopping, dining and more.
Don't miss your chance to live in this desirable neighborhood schedule your showing today!
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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