3 Johnson Place
About This Property
The main level serves as the primary living space, offering a well-balanced layout with inviting living and dining areas, ideal for both everyday living and entertaining. The kitchen provides ample workspace and storage and is enhanced by radiant heated flooring for added comfort, seamlessly connecting to the surrounding living areas.
The second and third levels are dedicated to private living quarters, featuring generously sized bedrooms and full bathrooms. The third-floor bathroom also includes radiant heated flooring, adding an extra level of comfort. These flexible spaces can accommodate a variety of needs, including guest rooms, work-from-home setups, or additional living areas.
The finished lower level includes an in-law setup with a separate living area, offering added versatility for extended occupancy, guests, or other permitted uses.
Outdoor features include a private deck and backyard space, providing opportunities for relaxation, outdoor dining, or recreation.
Conveniently located a short distance away from the Village of Ardsley, with access to local shops, dining, parks, and transportation options.
A distinctive home offering character, space, and a highly desirable location.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017